The Chances of South Africa Entering the Global Market

The Chances of South Africa Entering the Global Market

Document details
Category: Economics Essay
Subcategory: International Economics
Words: 2950
Pages: 6

Table of Contents I. Executive Summary 2 II. Global Factors 3 Global political situation Global economic outlook III. Regional Analysis Africa 4 Globalization IV. Country Analysis South Africa 7 Political situation 7 Economic outlook 10 Social issues 14 I. Executive Summary With the emergence of a new market in South Africa, potential investors are anxiously awaiting to take advantage and gain from this discovery. Once a despairing country, South Africa has shown the world and the global market of the possibilities waiting to be taken by those willing to make a profitable venture. There are concerns, mostly about slow economic growth and factors such as crime and unemployment, but the forward advancements of the economy have been tremendous. The optimistic outlook for South Africas market is catching the attention of the most prominent companies around the world. With the dismantling of apartheid and the gaining of a democratic government, the black population has hopes of achieving economic advancement. Corporations see this occurring in the future. The global trend in South Africa is towards exporting labor. With such an abundance of workers and a high unemployment rate, it is the most practical resource they possess. The changeover from an impoverished country to a self-dependent nation will most likely not occur for a significant amount of time. When the black majority gains economic benefit from their freedom and the political structure seems strong enough to hold the diverse region together, there are huge expectations for South Africa to enter the global...

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