- A pre-2012 Budget Economic and Business Perspective for South Africa0.91 MB
The weakening global economic outlook presents serious challenges for the South African economy in 2012. Recent downward revisions of growth forecasts for the global economy largely reflect the ongoing European debt crisis and the likelihood of a mild recession in the Eurozone this year. While emerging markets and sub-Saharan African countries are expected to grow significantly faster than the developed world, the situation remains vulnerable to external shocks.
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Report by Business Unity South Africa
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