This study empirically examines the causal relationship between trade openness and economic prosperity in South Africa with quarterly data from 1970 to 2017. The analysis is disaggregated into pre-1994 and post-1994 to capture the economic situation…
AbstractGlobalisation is a deep-rooted phenomenon that has significantly shaped developed and developing economies alike. Characterised by its controversial past, South Africa provides a unique case when considering how global integration has…
AbstractThe current study investigates the impact of foreign direct investment on the growth of Namibia’s economy from 1990 to 2020 using the ARDL cointegration method. The results reveal that FDI, the interactive variable of FDI and trade openness…