How is globalisation affecting south africa

I will focus on the near constant fluctuation between military rulers and the negative effects a lack of stability has on growth and investment. I will also examine the role that corruption plays in breeding instability and its effect on the overall economy. Finally I will look at the effects that a poor water and sanitation systems has on the ability of the poor population to be more productive members of the general work force.

Geographic Restrictions A landlocked nation is one that does not enjoy direct access to a waterway or open ocean. From being one of the most prosperous countries in sub Sahara Africa, Zambia has experienced a sharp decline, a crush, of its economy, which has had a great adverse impact on the quality of 10 million people.

The decline started with the rising oil prices of the mid 's, which coincided with the drop in world copper prices being the mainstay of Zambian economy. The droughts which were experienced in the early s have persisted into the 's and their impact has contributed to the decline in agriculture production. Liberalization and structural adjustment programme SAP of the economy denied the faming community access to markets both for agriculture inputs and for sale of produce and this has in many areas reinforced the tendency towards declining production.

In addition, SAP has led to increase to unemployment and living hood insecurity, due to the retrenchments in public service and mining. Globalization affects the economic status of a country. It has indeed weakened the position of poor countries and exposed poor people to harmful competition.

Globalization is the strategy of liberation that becomes an economic nightmare for the poor. The poor countries disintegrate and worsen via trade and investments. Even if the world co-operates and acts as one country, the richer always gets to say what happens. With this kind of arrangement, the developing countries would have to remain poor due to inequalities of trade of goods and services. Nguyen manh tuan. Introduction This report will explain how poverty still remains the worst adversity in the world mainly in Africa.

Regardless of the economic growth in capitalist countries the gap between the poor and rich continues to increase every year.

The variables that have the greater substantive significance in the model are the proxy for trade volume, followed by the financial liberalisation variable, the trade liberalisation variable and, lastly, the negligible capital account openness variable.

Back Year: Author s : Elsabe Loots. Download: Topic: Trade Agreements. This paper will explore the effect of the many forces of globalization on the Port Elizabeth Metropolitan Area and will attempt to draw conclusions relevant to other Southern African cities. The total population is around 5million people, of whom the vast majority are members of the Xhosa ethnic group.

The rate of HIV infection is estimated to be around 1 in 9 of the population. There are a number of towns and cities in the province, of which the three principal cities are Umtata, East London and Port Elizabeth. Port Elizabeth, which is located in Algoa Bay in the Western part of the province, is the largest urban centre in the province, and is the fifth largest in the country. The Port Elizabeth Metropolitan Area has a population of around one and a half million people and is a commercial industrial port with a substantial motor assembly component.

The Port Elizabeth Metropolitan Area is the focus of urbanization in the province, and has average per capita income levels that are five times that of the rest of the Province. The historic core of the Metropolitan area is what remains of a late eighteenth and nineteenth century European colonial port. Focused on the harbour and based on walking distances the old city grew first on the narrow plateaux along the shore North West of the harbour and then spread up the escarpment and across the higher plateaux too.

The Archi City consisted mostly of small residential properties, but with some carefully crafted spaces and imposing public buildings iii. The traditions of architectural design and place making are the dominant tools in the forming of the Archi City iv. Through the twentieth century the city grew outwards with new residential and industrial areas and infra-structure. Different racial groups were separated spatially, firstly in the manner of the colonial city and then in the manner of the apartheid city v.

This occurred in the form of a large development of townships and suburbs. The harbour was expanded considerably and new industrial parks also grew up on the North Western edge of the city.

The automobile and auto component industry grew to prominence in the city. Roads in particular came to dominate the city. Planners and engineers developed the Cine City vi with its flows of goods, vehicles and people.

From the later nineteen eighties the growth of the city and its economy and communities was further influenced by the impact of globalization, much accentuated after with the abandonment of apartheid and the opening up of the country to the global economy.

Since this time decentralizing forces have dominated the complex sprawl of the city. Decentralised shopping malls, footloose industrial developments, a seemingly endless residential patchwork sprawl, and the ubiquitous paraphernalia of the global economy Coca-Cola, McDonalds, Shell, etc dominate the city. Increasingly wealthy suburbs and upmarket shopping malls become the secured private domains of the privileged. The rapidly expanding cyberspace of telecommunications and the economy that it brings in its wake is the catalyst to this great change to a Tele City form vii.

The South African economy, and its cities, were sheltered from the full impact of globalization by the sanctions and isolation of the apartheid era, which ended in with the release of Nelson Mandala and the scrapping of racially discriminatory legislation. The isolation of the apartheid era was not just confined to economic sanctions, but affected all aspects of life in the country. Social and cultural life was also isolated, and racial communities that were separated were encouraged to live within the parameters of their own cultural worldview.

Open Journal Systems. Abstract The main objective of this research was to explore the impact of globalisation on South African businesses from the perspective of business leaders. A qualitative research approach was followed with semi-structured interviews conducted with five business leaders. The findings showed that the global economic crises, legislation, sustainability, stakeholder engagement, poverty and increased competitiveness are the key factors relating to globalisation and the impact thereof on South African businesses.

The outcomes of this study can assist current business leaders in taking cognisance of global factors affecting their business and take proactive measures to eliminate the adverse impact of a rapid changing business environment.