Economic review 2001
Item
- Title
- Economic review 2001
- Creator
- DITSELA
- Date Issued
- 2001
- Description
- This volume of Bargaining Indicators for 2002 comes in the context of the September 11 attacks on the World Trade Center in New York, the United States' war on Afghanistan, the collapse of the economy of Argentina and with it the biggest sovereign bankruptcy in history. All these historic events are unfolding within the first synchronised global recession since the 1970s, and have in turn deepened this recession. Within South Africa, this edition of Bargaining Indicators comes in the context of the first anti-government national strike by organised labour since the 1994 elections, and a deepening of the economic slowdown that we noted in the last edition of Bargaining Indicators. In this review of economic developments during 2001 we shine the spotlight on the global recession and its dynamics, and we look in particular at the slide of the world's largest economy - that of the United States - into its first serious economic crisis since the end of the cold war, and we take a look at the significance of the attacks of September 11 and their aftermath on the dynamics of the global recession. We conclude our discussion of the global recession by discussing the responses of the Bush government and its allies, and at the meaning of these responses for neoliberal economic orthodoxy. We continue our analysis by looking at developments within the South African economy. In particular, we look at the implications of the global recession on the South African economy, and at how the currency crisis that has unfolded since the last quarter of 2001 forms an important moment in the dynamics of the unfolding global recession. Within this context we look at the main economic indicators (GDP; GDE; fixed capital formation, operating surpluses, wages, employment, savings and so on). Lastly, we look at the year ahead, and in particular at the implications of the global and domestic economic developments for the 2002 bargaining season.
- Format
- Language
- English
- Type
- text
- Identifier
- http://hdl.handle.net/10962/178602
- Archive
- Cory Library for Humanitites Research
- Provenance
- The item is held at the Cory Library for Humanities Research, Rhodes University, on behalf of the Labour Research Service
- Extent
- 25 pages
- Rights
- Development Institute for Training,Support and Education for Labour (DITSELA)
- Rights Holder
- Development Institute for Training,Support and Education for Labour (DITSELA)
- Use/re-use
- The materials are made available explicitly for research and educational purposes. Any use of these materials must be cleared with the Labour Research Service.
- Item sets
- General Materials
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