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Briefing

South Africa: Economic Profile

Critical Issues

Background:

South Africa has been hard hit by the financial crisis, particularly since demand for its main exports fell amid drops in global manufacturing and energy costs stayed relatively high. Lapses in electricity service plague the country, and were prolonged enough to negatively affect growth in 2008. Civil unrest brewed in June, July and August of 2009 as the government cut social spending.

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Associated Readings

Analysis Standard Bnk Aug 18, 2009 South Africa: GDP production analysis