Essays on South Africa: Exchange Rates Bilateral Trade and Inflation

In the 1960s the South African economy was larger than both Singapore and South Korea. The two Asian economies are presently considered to be high income service economies. Their turnaround took less than four decades despite the lack of significant natural resources. South Africa on the contrary has registered dismal growth within the same period despite having the world's largest mineral deposits. This book provides a step by step process on how to build a middle-to-high income economy via exploitation of natural resources multilateral trade and macroeconomic management.