Staff of the School of Economics today participated in the first planning session of the new TraDE research niche. The new entity will promote research and post graduate study in export promotion and development under the leadership of our new research Professor, Wilma Viviers.
The initiative grew out of the Export Promotion Research Group and the work that they did on the Decision Support Model for export promotion. Over time the group grew in membership and diversity of research interests and outputs, to the point where TraDE is now an official research niche in the NWU structures.
Learn all about the DSM
In today’s first planning session we discussed the process that has lead to the establishment of the niche, the opportunities and challenges ahead. The heart of the unit is the DSM model, but topics and projects that were mentioned included having a closer look at the exports of services, forecasting of export opportunities, export promotion strategies for specific regions, barriers to internationalisation, the competitiveness of sectors and of exporting firms. A second session for more detailed conceptualisation of themes and projects is already being planned. More…
In between the exam papers and marking Prof Andrea Saayman and Prof Riaan Rossouw quickly jumped on a plane last week and delivered papers at the Advanced Research Workshop in Tourism Economics. The workshop was held at the Museu Nacional Machado de Castro in Coimbra, Portugal.
Prof Saayman presenting at ARWTE 2012
The workshop accepts only a small number of papers with top researchers in the field presenting their research. Prof Saayman spoke on the topic: “Tourism demand modelling: Can the Rotterdam model outperform the AIDS?”. This was work done with Andre Botha for his MCom dissertation. More…
Last week we reported on the “other” publications that staff of the School have been getting out there. Today, it is about the real publications. There is already a long list of articles accepted and submitted in 2012, but we have ruled in the recent issue of the Journal of Financial and Economic Sciences, 5(1).
You will find a number of our articles here:
- Improved investment performance using the portfolio diversification index – by Francois van Dyk, Gary van Vuuren & Paul Styger.
- The relationship between the forward and realised spot exchange rate in South Africa – by Chris van Heerden & Andre Heymans.
- South African firm-level evidence of the links between finance and efficiency – by Waldo Krugell & Marianne Matthee.
The issue also features a number of colleagues from TREES and Accounting Sciences, check it out!
I always say that South Africa faces significant challenges: low economic growth rates, a high unemployment rate, poverty and inequality. This weekend we celebrated Youth Day and the challenge of youth unemployment was discussed all over. The idea of a youth wage subsidy has been proposed by government, lauded by the DA and opposed by COSATU.
- The DA’s views are here.
- If you are interested in the academic analysis, have a look at the work that AMERU at Wits is doing.
- and this weekend the City Press has a whole special feature on the youth and the challenges that they face.
These South African challenges should be seen against a global backdrop outlined by a report published by the McKinsey Global Institute. They write that globalisation has brought people into the global labour pool, raising productivity and incomes. But following the great recession there has been increased unemployment, rising inequality and high rates of youth unemployment. More…