South Africa Economic Update, November 2011 : Focus on Green Growth

The global financial roller coaster, with the Euro zone as its lead car, has hit economic prospects across the globe. The South African economy, with its close links to the world economy, has suffered, too, resulting in weakened growth prospects, l...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2017
Subjects:
AIR
CO
CO2
CPI
GDP
OIL
PE
PH
WTO
Online Access:http://documents.worldbank.org/curated/en/499091468101336371/South-Africa-economic-update-focus-on-green-growth
http://hdl.handle.net/10986/26854
id okr-10986-26854
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO ELECTRICITY
ADVERSE IMPACT
AGGREGATE DEMAND
AGRICULTURAL SUBSIDIES
AGRICULTURE
AIR
AIR POLLUTION
ALLOCATION
ANNUAL CHANGE
APPROACH
ASSETS
ATMOSPHERE
BIOSPHERE
BONDS
CAPITAL COSTS
CAPITAL FORMATION
CAPITAL MARKETS
CARBON
CARBON CONTENT
CARBON EMISSIONS
CARBON ENERGY
CARBON INTENSITY
CARBON TAX
CENTRAL BANK
CLEAN AIR
CLEAN WATER
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE NEGOTIATIONS
CLOUDS
CO
CO2
COAL
COMBUSTION
COMMERCIAL BANKS
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSERVATION AREAS
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMERS
CONSUMPTION OF ENERGY
CPI
CRUDE OIL
DEBT
DEBT BURDEN
DEFORESTATION
DEVELOPED COUNTRIES
DEVELOPMENT POLICIES
DISCOURAGED WORKERS
DISTRIBUTIONAL IMPLICATIONS
DOMESTIC PRODUCTION
DURABLE GOODS
ECONOMIC ACTIVITY
ECONOMIC CONDITIONS
ECONOMIC COSTS
ECONOMIC EFFECTS
ECONOMIC EFFICIENCY
ECONOMIC GROWTH
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC RECOVERY
ECONOMIC STRUCTURE
ECONOMIC UNCERTAINTY
ECONOMIES OF SCALE
EFFICIENCY IMPROVEMENTS
ELECTRICITY
ELECTRICITY PRICES
ELECTRICITY SECTOR
ELECTRICITY TARIFF
EMISSION
EMISSION GROWTH
EMISSIONS
EMISSIONS FROM ENERGY
EMISSIONS FROM ENERGY USE
EMISSIONS GROWTH
EMISSIONS MITIGATION
EMPIRICAL EVIDENCE
EMPIRICAL RESEARCH
EMPIRICAL STUDIES
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY EFFICIENCY MEASURES
ENERGY INFORMATION ADMINISTRATION
ENERGY INTENSITY
ENERGY MIX
ENERGY POLICIES
ENERGY PRICE
ENERGY PRICES
ENERGY PRODUCTION
ENERGY SUBSIDIES
ENERGY SUPPLY
ENERGY USE
ENVIRONMENTAL
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL COSTS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL GOODS
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL ISSUES
ENVIRONMENTAL POLICIES
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROBLEMS
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
ENVIRONMENTAL REGULATION
ENVIRONMENTAL RESOURCES
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURES
EXPORT GROWTH
EXPORTS
FINANCIAL MARKETS
FINANCIAL RISKS
FINANCIAL SECTOR
FINANCIAL SERVICES
FISCAL POLICY
FISHERIES
FORECASTS
FOREIGN DIRECT INVESTMENT
FOREST
FOSSIL
FOSSIL FUELS
FUEL
FUEL PRICE
GDP
GDP PER CAPITA
GENERATION CAPACITY
GLOBAL DEVELOPMENT FINANCE
GLOBAL EMISSIONS
GOLD
GOVERNMENT DEBT
GREEN ENERGY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL INCOME
GROSS VALUE
GROWTH POLICIES
GROWTH POLICY
GROWTH POTENTIAL
GROWTH RATE
HIGH ENERGY INTENSITY
HIGH UNEMPLOYMENT
HOUSEHOLD CONSUMPTION
HUMAN CAPITAL
HYDROSPHERE
IMPORT PRICES
IMPORTS
INFLATION
INTEREST RATE
INTERMEDIATE GOODS
INTERNATIONAL TRADE
INVENTORIES
JOBS
LABOR FORCE
LABOR MARKETS
LABOR PRODUCTIVITY
LAND USE
LOW INTEREST RATES
LOW TARIFF
LOW-CARBON
MACROECONOMIC POLICIES
MARKET ECONOMIES
MARKET FAILURE
MARKET FAILURES
MENU COSTS
METALS
MONETARY POLICY
NATIONAL ACCOUNTS
NATIONAL INCOME
NATURAL CAPITAL
NATURAL GAS
NET DOMESTIC PRODUCT
NET EXPORTS
NUCLEAR POWER
OIL
OIL EQUIVALENT
OIL PRICE
OIL PRICES
PE
PH
PLATINUM
POLICY INSTRUMENTS
PORTFOLIO
POSITIVE EFFECTS
POWER GENERATION
POWER PLANTS
POWER SHORTAGES
PRICE INCREASES
PRICE INDEX
PRICE SUBSIDIES
PRIMARY ENERGY
PRODUCERS
PROPERTY RIGHTS
PUBLIC GOODS
PURCHASING POWER
REAL GDP
RECYCLING
REDUCING ENERGY CONSUMPTION
RENEWABLE ENERGY
RENEWABLE ENERGY SOURCES
RESIDENTIAL BUILDINGS
RETROFITTING
RISK AVERSION
SCENARIOS
SILVER
SINK
SOCIAL COSTS
STRUCTURAL CHANGE
SUBSTITUTION
SUPPLY SIDE
SUSTAINABLE DEVELOPMENT
TECHNOLOGICAL PROGRESS
TERMS OF TRADE
TRADE BALANCE
TRADE BARRIERS
TRADE POLICIES
TRADE POLICY
TRADEOFFS
TRADING PARTNERS
UNCERTAINTIES
UNDERESTIMATES
UNEMPLOYMENT
UNEMPLOYMENT RATE
VALUATION
VALUE ADDED
WATER QUALITY
WEALTH
WIND
WIND POWER
WTO
spellingShingle ACCESS TO ELECTRICITY
ADVERSE IMPACT
AGGREGATE DEMAND
AGRICULTURAL SUBSIDIES
AGRICULTURE
AIR
AIR POLLUTION
ALLOCATION
ANNUAL CHANGE
APPROACH
ASSETS
ATMOSPHERE
BIOSPHERE
BONDS
CAPITAL COSTS
CAPITAL FORMATION
CAPITAL MARKETS
CARBON
CARBON CONTENT
CARBON EMISSIONS
CARBON ENERGY
CARBON INTENSITY
CARBON TAX
CENTRAL BANK
CLEAN AIR
CLEAN WATER
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE NEGOTIATIONS
CLOUDS
CO
CO2
COAL
COMBUSTION
COMMERCIAL BANKS
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSERVATION AREAS
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMERS
CONSUMPTION OF ENERGY
CPI
CRUDE OIL
DEBT
DEBT BURDEN
DEFORESTATION
DEVELOPED COUNTRIES
DEVELOPMENT POLICIES
DISCOURAGED WORKERS
DISTRIBUTIONAL IMPLICATIONS
DOMESTIC PRODUCTION
DURABLE GOODS
ECONOMIC ACTIVITY
ECONOMIC CONDITIONS
ECONOMIC COSTS
ECONOMIC EFFECTS
ECONOMIC EFFICIENCY
ECONOMIC GROWTH
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC RECOVERY
ECONOMIC STRUCTURE
ECONOMIC UNCERTAINTY
ECONOMIES OF SCALE
EFFICIENCY IMPROVEMENTS
ELECTRICITY
ELECTRICITY PRICES
ELECTRICITY SECTOR
ELECTRICITY TARIFF
EMISSION
EMISSION GROWTH
EMISSIONS
EMISSIONS FROM ENERGY
EMISSIONS FROM ENERGY USE
EMISSIONS GROWTH
EMISSIONS MITIGATION
EMPIRICAL EVIDENCE
EMPIRICAL RESEARCH
EMPIRICAL STUDIES
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY EFFICIENCY MEASURES
ENERGY INFORMATION ADMINISTRATION
ENERGY INTENSITY
ENERGY MIX
ENERGY POLICIES
ENERGY PRICE
ENERGY PRICES
ENERGY PRODUCTION
ENERGY SUBSIDIES
ENERGY SUPPLY
ENERGY USE
ENVIRONMENTAL
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL COSTS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL GOODS
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL ISSUES
ENVIRONMENTAL POLICIES
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROBLEMS
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
ENVIRONMENTAL REGULATION
ENVIRONMENTAL RESOURCES
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURES
EXPORT GROWTH
EXPORTS
FINANCIAL MARKETS
FINANCIAL RISKS
FINANCIAL SECTOR
FINANCIAL SERVICES
FISCAL POLICY
FISHERIES
FORECASTS
FOREIGN DIRECT INVESTMENT
FOREST
FOSSIL
FOSSIL FUELS
FUEL
FUEL PRICE
GDP
GDP PER CAPITA
GENERATION CAPACITY
GLOBAL DEVELOPMENT FINANCE
GLOBAL EMISSIONS
GOLD
GOVERNMENT DEBT
GREEN ENERGY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL INCOME
GROSS VALUE
GROWTH POLICIES
GROWTH POLICY
GROWTH POTENTIAL
GROWTH RATE
HIGH ENERGY INTENSITY
HIGH UNEMPLOYMENT
HOUSEHOLD CONSUMPTION
HUMAN CAPITAL
HYDROSPHERE
IMPORT PRICES
IMPORTS
INFLATION
INTEREST RATE
INTERMEDIATE GOODS
INTERNATIONAL TRADE
INVENTORIES
JOBS
LABOR FORCE
LABOR MARKETS
LABOR PRODUCTIVITY
LAND USE
LOW INTEREST RATES
LOW TARIFF
LOW-CARBON
MACROECONOMIC POLICIES
MARKET ECONOMIES
MARKET FAILURE
MARKET FAILURES
MENU COSTS
METALS
MONETARY POLICY
NATIONAL ACCOUNTS
NATIONAL INCOME
NATURAL CAPITAL
NATURAL GAS
NET DOMESTIC PRODUCT
NET EXPORTS
NUCLEAR POWER
OIL
OIL EQUIVALENT
OIL PRICE
OIL PRICES
PE
PH
PLATINUM
POLICY INSTRUMENTS
PORTFOLIO
POSITIVE EFFECTS
POWER GENERATION
POWER PLANTS
POWER SHORTAGES
PRICE INCREASES
PRICE INDEX
PRICE SUBSIDIES
PRIMARY ENERGY
PRODUCERS
PROPERTY RIGHTS
PUBLIC GOODS
PURCHASING POWER
REAL GDP
RECYCLING
REDUCING ENERGY CONSUMPTION
RENEWABLE ENERGY
RENEWABLE ENERGY SOURCES
RESIDENTIAL BUILDINGS
RETROFITTING
RISK AVERSION
SCENARIOS
SILVER
SINK
SOCIAL COSTS
STRUCTURAL CHANGE
SUBSTITUTION
SUPPLY SIDE
SUSTAINABLE DEVELOPMENT
TECHNOLOGICAL PROGRESS
TERMS OF TRADE
TRADE BALANCE
TRADE BARRIERS
TRADE POLICIES
TRADE POLICY
TRADEOFFS
TRADING PARTNERS
UNCERTAINTIES
UNDERESTIMATES
UNEMPLOYMENT
UNEMPLOYMENT RATE
VALUATION
VALUE ADDED
WATER QUALITY
WEALTH
WIND
WIND POWER
WTO
World Bank
South Africa Economic Update, November 2011 : Focus on Green Growth
geographic_facet Africa
South Africa
description The global financial roller coaster, with the Euro zone as its lead car, has hit economic prospects across the globe. The South African economy, with its close links to the world economy, has suffered, too, resulting in weakened growth prospects, lower fiscal revenues, lower and more volatile valuation of the rand, and dampened external financing. This further compounds the policy challenges facing the authorities, on top of their preoccupation with unyielding unemployment, which requires higher and more inclusive economic growth. Policymaking is also conditioned by a growing recognition that future growth needs to be less carbon-intensive. As elsewhere, opportunities in green economies are viewed with keen interest, as a way of simultaneously targeting a cleaner environment and stimulating innovation, growth, and job creation. While green policies can have large synergies and co-benefits with the growth and employment agenda, they are not a substitute for it. Indeed, such synergies are likely to be mutually enhancing and larger when the growth and environment objectives are being pursued by multiple, well-targeted and coordinated policies.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title South Africa Economic Update, November 2011 : Focus on Green Growth
title_short South Africa Economic Update, November 2011 : Focus on Green Growth
title_full South Africa Economic Update, November 2011 : Focus on Green Growth
title_fullStr South Africa Economic Update, November 2011 : Focus on Green Growth
title_full_unstemmed South Africa Economic Update, November 2011 : Focus on Green Growth
title_sort south africa economic update, november 2011 : focus on green growth
publisher Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/499091468101336371/South-Africa-economic-update-focus-on-green-growth
http://hdl.handle.net/10986/26854
_version_ 1764462592461373440
spelling okr-10986-268542021-04-23T14:04:37Z South Africa Economic Update, November 2011 : Focus on Green Growth World Bank ACCESS TO ELECTRICITY ADVERSE IMPACT AGGREGATE DEMAND AGRICULTURAL SUBSIDIES AGRICULTURE AIR AIR POLLUTION ALLOCATION ANNUAL CHANGE APPROACH ASSETS ATMOSPHERE BIOSPHERE BONDS CAPITAL COSTS CAPITAL FORMATION CAPITAL MARKETS CARBON CARBON CONTENT CARBON EMISSIONS CARBON ENERGY CARBON INTENSITY CARBON TAX CENTRAL BANK CLEAN AIR CLEAN WATER CLIMATE CLIMATE CHANGE CLIMATE CHANGE NEGOTIATIONS CLOUDS CO CO2 COAL COMBUSTION COMMERCIAL BANKS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSERVATION AREAS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMERS CONSUMPTION OF ENERGY CPI CRUDE OIL DEBT DEBT BURDEN DEFORESTATION DEVELOPED COUNTRIES DEVELOPMENT POLICIES DISCOURAGED WORKERS DISTRIBUTIONAL IMPLICATIONS DOMESTIC PRODUCTION DURABLE GOODS ECONOMIC ACTIVITY ECONOMIC CONDITIONS ECONOMIC COSTS ECONOMIC EFFECTS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC PERFORMANCE ECONOMIC RECOVERY ECONOMIC STRUCTURE ECONOMIC UNCERTAINTY ECONOMIES OF SCALE EFFICIENCY IMPROVEMENTS ELECTRICITY ELECTRICITY PRICES ELECTRICITY SECTOR ELECTRICITY TARIFF EMISSION EMISSION GROWTH EMISSIONS EMISSIONS FROM ENERGY EMISSIONS FROM ENERGY USE EMISSIONS GROWTH EMISSIONS MITIGATION EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPIRICAL STUDIES ENERGY CONSUMPTION ENERGY DEMAND ENERGY EFFICIENCY ENERGY EFFICIENCY MEASURES ENERGY INFORMATION ADMINISTRATION ENERGY INTENSITY ENERGY MIX ENERGY POLICIES ENERGY PRICE ENERGY PRICES ENERGY PRODUCTION ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE ENVIRONMENTAL ENVIRONMENTAL BENEFITS ENVIRONMENTAL COSTS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL GOODS ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROBLEMS ENVIRONMENTAL PROTECTION ENVIRONMENTAL QUALITY ENVIRONMENTAL REGULATION ENVIRONMENTAL RESOURCES EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL POLICY FISHERIES FORECASTS FOREIGN DIRECT INVESTMENT FOREST FOSSIL FOSSIL FUELS FUEL FUEL PRICE GDP GDP PER CAPITA GENERATION CAPACITY GLOBAL DEVELOPMENT FINANCE GLOBAL EMISSIONS GOLD GOVERNMENT DEBT GREEN ENERGY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GROSS FIXED CAPITAL FORMATION GROSS NATIONAL INCOME GROSS VALUE GROWTH POLICIES GROWTH POLICY GROWTH POTENTIAL GROWTH RATE HIGH ENERGY INTENSITY HIGH UNEMPLOYMENT HOUSEHOLD CONSUMPTION HUMAN CAPITAL HYDROSPHERE IMPORT PRICES IMPORTS INFLATION INTEREST RATE INTERMEDIATE GOODS INTERNATIONAL TRADE INVENTORIES JOBS LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LAND USE LOW INTEREST RATES LOW TARIFF LOW-CARBON MACROECONOMIC POLICIES MARKET ECONOMIES MARKET FAILURE MARKET FAILURES MENU COSTS METALS MONETARY POLICY NATIONAL ACCOUNTS NATIONAL INCOME NATURAL CAPITAL NATURAL GAS NET DOMESTIC PRODUCT NET EXPORTS NUCLEAR POWER OIL OIL EQUIVALENT OIL PRICE OIL PRICES PE PH PLATINUM POLICY INSTRUMENTS PORTFOLIO POSITIVE EFFECTS POWER GENERATION POWER PLANTS POWER SHORTAGES PRICE INCREASES PRICE INDEX PRICE SUBSIDIES PRIMARY ENERGY PRODUCERS PROPERTY RIGHTS PUBLIC GOODS PURCHASING POWER REAL GDP RECYCLING REDUCING ENERGY CONSUMPTION RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RESIDENTIAL BUILDINGS RETROFITTING RISK AVERSION SCENARIOS SILVER SINK SOCIAL COSTS STRUCTURAL CHANGE SUBSTITUTION SUPPLY SIDE SUSTAINABLE DEVELOPMENT TECHNOLOGICAL PROGRESS TERMS OF TRADE TRADE BALANCE TRADE BARRIERS TRADE POLICIES TRADE POLICY TRADEOFFS TRADING PARTNERS UNCERTAINTIES UNDERESTIMATES UNEMPLOYMENT UNEMPLOYMENT RATE VALUATION VALUE ADDED WATER QUALITY WEALTH WIND WIND POWER WTO The global financial roller coaster, with the Euro zone as its lead car, has hit economic prospects across the globe. The South African economy, with its close links to the world economy, has suffered, too, resulting in weakened growth prospects, lower fiscal revenues, lower and more volatile valuation of the rand, and dampened external financing. This further compounds the policy challenges facing the authorities, on top of their preoccupation with unyielding unemployment, which requires higher and more inclusive economic growth. Policymaking is also conditioned by a growing recognition that future growth needs to be less carbon-intensive. As elsewhere, opportunities in green economies are viewed with keen interest, as a way of simultaneously targeting a cleaner environment and stimulating innovation, growth, and job creation. While green policies can have large synergies and co-benefits with the growth and employment agenda, they are not a substitute for it. Indeed, such synergies are likely to be mutually enhancing and larger when the growth and environment objectives are being pursued by multiple, well-targeted and coordinated policies. 2017-06-02T18:56:48Z 2017-06-02T18:56:48Z 2011-11 Report http://documents.worldbank.org/curated/en/499091468101336371/South-Africa-economic-update-focus-on-green-growth http://hdl.handle.net/10986/26854 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa South Africa