does globalisation contribute positively to the economy of south africapositive effect of globalization in economy of south africa

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22-09-2016
Geography

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does globalisation contribute positively to the economy of south africapositive effect of globalization in economy of south africa

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pr780465 pr780465 · Answer 1 · 2016-09-27T04:34:15+02:00

One of the benefits of globalization is the rise in living standards of people in countries around the world. The dynamic structure of the global economy as a result of globalization has influenced the macroeconomic policies in the world towards the realization of even greater globalization benefits. Some of the key policy making bodies that have been impacted include; the academic economists, the national policy making bodies, the general policy making community and the International Monetary Fund (IMF)

328856 328856 · Answer 2 · 2021-02-24T22:42:27+01:00

328856 328856

24-02-2021

Answer:

The implication of this is that globalization as a facilitator of development has had a great positive economic impact on South Africa and with the emergence of the like of these companies, South Africa as the economic hub of Africa has been able to transfer these impacts to other African countries.

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