Papers by Abigail Stiglingh-Van Wyk
International Journal of Economics and Financial Issues
This study examines how critical South Africa's response to the fourth industrial revolution ... more This study examines how critical South Africa's response to the fourth industrial revolution industrial production. In a developing continent like Africa technological advancements have been rather slow, and adapting to those technological changes has been challenging. Since the age of artificial intelligence entered the economic market and there is an increased demand to implement more Artificial intelligence in production. This study looks at how can more fourth industrial production be employed without having an impact on markets like employment, and whether is it a given possibility with the low levels of energy generation, ICT investment, industrial production performance, ICT development, and human capital development. The endogenous growth framework frameworks evaluate the statistical significance elements of economic growth, such as investments in human capital, knowledge, and innovation. The Cobb-Douglas production functions framework shows the technological connection ...
International Journal of Economics and Financial Issues
The apartheid legacy molded urbanization changes in South Africa. Post-1994 people were free to m... more The apartheid legacy molded urbanization changes in South Africa. Post-1994 people were free to migrate to areas with greater economic activities (increased socio-economic opportunities) subsequently, the genesis of migration. Majority of the people aimed for Gauteng Province which is considered the economic hub of the country and a magnet of opportunities. This study looked at the history of Gauteng- primarily the economic position in conjunction with economic theories. This quantitative research investigated the relationship between economic growth and urbanization in the Gauteng Province. Granger causality tests were used to ascertain the relationship used in the research and the study focused on the period 1997 to 2020, using quarterly data. From the study, it was established that there is a unidirectional causality running from economic growth and employment in Gauteng- meaning that an increase in economic growth enables more jobs to be created, leading to migration of people ...
─Abstract ─ In recent years, South Africa has encountered many challenges as to regaining a well-... more ─Abstract ─ In recent years, South Africa has encountered many challenges as to regaining a well-structured long-term vision and plan for the country’s economic growth. The South African economy has reached its highest rate of unemployment, which was at 29.1 percent in the fourth quarter of 2019. One of the main objectives set by the National Development Plan is to provide decent employment through inclusive economic growth. Many priorities in the NDP are not about new policies or programmes, but are about improving the quality of implementation of existing ones. South Africa has 40 national departments contributing to the outputs and funding of the 14 outcomes of the National Development Plan, but is the NDP sustainable? The aim of the study is to evaluate the state of policy frameworks pertaining to the NDP and to ensure awareness and responsiveness to policy making frameworks contributing to all outputs. Data collection is based on national departments and entities categorised an...
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Papers by Abigail Stiglingh-Van Wyk