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Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa
Dissertation (MBA)--University of Pretoria, 2013.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2014
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| _version_ | 1867613505930133504 |
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| access_status_str | Open Access |
| author2 | Sing, Linda |
| author_browse | Sing, Linda |
| author_facet | Sing, Linda |
| collection | Thesis |
| dc_rights_str_mv | © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2013. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/40773 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:13.330Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/40773 Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa Sing, Linda ichelp@gibs.co.za Msutwana, Xolile UCTD Africa, Sub-Saharan -- Economic conditions Globalization -- Economical aspects International business enterprises Dissertation (MBA)--University of Pretoria, 2013. The impact of the recent global financial crisis on the global economy has highlighted the level of integration of economies and the potential spillover effects as a result thereof. The implications are that the negative effects of the crisis can quickly spread to other economies through numerous transmission mechanisms. The response of developing or emerging economies to these unpredictable exogenous shocks becomes a topical issue. The concepts of economic vulnerability to and resilience against adverse exogenous shocks for emerging economies have since taken centre stage in many economic forums. Policy makers for emerging economies have come to the realisation that the increased economic vulnerability and a lack of economic resilience in their economies can erode the hard-fought-for gains in economic growth over the past decade and potentially harm their prospects as attractive destinations for foreign direct investment (FDI). This research analysed the resilience and vulnerability of emerging economies against adverse shocks using the sub-Saharan African (SSA) region as a case. The research used previous literature on emerging economies’ vulnerability and resilience to formulate four hypotheses around the major overarching themes of vulnerability and resilience. Two hypotheses looked at two functions of vulnerability, i.e. trade openness and financial integration, and two functions of resilience, i.e. international reserves accumulation and economic concentration. The findings of this research study were that SSA economies were vulnerable and not resilient against adverse exogenous shocks, and that few economies in the SSA region were prepared to successfully manoeuvre in an economic crisis. The structure of these economies inherently rendered these economies vulnerable. However, these economic structures also allowed the SSA region to achieve the high economic growth experienced during the past decade. The output of the methodology utilised in this research study resulted in a model that can be used to reduce the likelihood of an SSA economy being severely affected by an adverse economic shock. ccgibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-15T10:34:48Z 2014-07-15T10:34:48Z 2014-04-30 2013 Mini Dissertation Msutwana, X 2013, Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40773> http://hdl.handle.net/2263/40773 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Africa, Sub-Saharan -- Economic conditions Globalization -- Economical aspects International business enterprises Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa |
| title | Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa |
| title_full | Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa |
| title_fullStr | Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa |
| title_full_unstemmed | Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa |
| title_short | Emerging economy resilience and vulnerability to adverse exogenous economic shocks: The case of Sub-Saharan Africa |
| title_sort | emerging economy resilience and vulnerability to adverse exogenous economic shocks the case of sub saharan africa |
| topic | UCTD Africa, Sub-Saharan -- Economic conditions Globalization -- Economical aspects International business enterprises |
| url | http://hdl.handle.net/2263/40773 |