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Marié Kirsten.
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In this edition:
Highlights from the 2018 Winter School 

The 2018 Winter School was officially opened on Monday, 9 July by the highest-ranking officials in South Africa’s finance family: Minister of Finance Nhlanhla Nene, Deputy Minister of Finance Mondli Gungubele, Governor of the Reserve Bank Lesetja Kganyago, Director-General of the National Treasury Dondo Mogajane, and several Treasury Deputy Directors-General addressed participants. The Minister had a powerful message: ‘The history of every nation will be written in its public accounts.’ And indeed, after another four days of the Winter School, participants can see themselves as contributing to ‘writing the history of South Africa’.
This is what the students had to say about this unique experience.
Governor of the South African Reserve Bank Lesetja Kganyago with students during the welcoming cocktail
Finance Minister Nhlanhla Nene with the Reserve Bank’s Fundi Tshazibana (right). They are pictured here with students during the cocktail event. 
Inclusive growth was the core theme of this year's event. These were the papers delivered on Monday 9 July during the plenary session:
For the next few weeks, WhatsUp will continue to share the presentations and a series of podcasts from the 2018 Winter School. In the interim, please visit the 2018 Winter School webpage for more photos, presentations and media coverage of the event.
Development Southern Africa’s impact factor increases significantly!

Journals accredited by the Clarivate Analytics Social Science Citation Index (SSCI) and the Science Citation Index Expanded (SCI-E) (previously ISI/Thomson Reuters) receive an annual ‘impact factor’ that positions them in relation to other journals in the same category. The impact factor measures the number of times that articles published in the previous two years were cited in journals listed on the Web of Science (the SSCI, SCI-E, the Arts and Humanities Citation Index and the Emerging Sources Citation Index).
For the 2017 impact factor, all 102 articles published in Development Southern Africa in 2015–16 were considered. These articles were cited 66 times in other accredited journals within the Web of Science, giving an impact factor of 0.647. This is a significant increase from the journal’s 2016 impact factor of 0.474, when the 97 articles published in 2014–15 were cited 46 times.

The table below compares the impact factors of South Africa’s top socio-economic journals.

The following articles were cited most frequently:
  1. Tourism and regional development: The case of South Africa’s distressed areas, by Chris Rogerson
  2. Income diversification, wealth, education and well-being in rural south-western Madagascar: Results from the Mahafaly region’, by Regina Neudert, Johanna Goetter, Jessica Andriamparany and Miandrazo Rakotoarisoa
  3. Growth of the middle class: Two perspectives that matter for policy’, by Justin Visagie
  4. Authenticity, satisfaction, and place attachment: A conceptual framework for cultural tourism in African island economies’, by Haywantee Ramkissoon.

The prevalence of diabetes in South Africa

In their paper ‘Socio-economic correlates with the prevalence and onset of diabetes in South Africa: Evidence from the first four waves of the National Income Dynamics Study’, Velenkosini Matsebula and Vimal Ranchhod use multiple waves of the NIDS data, from 2008 to 2015, to investigate socio‐economic factors that correlate with diabetes. A cohort of 3 470 adults over the age of 40 were followed, and interviewed four times over a six-year period. The main findings are that age and obesity correlate strongly with diabetes, while income does not have a statistically significant effect, conditional on the other covariates. Frequent exercise does appear to have a slight protective effect against the onset of diabetes, as does better education.

Does hosting a World Cup make economic sense?

According to the World Economic Forum’s Global Agenda, the costs of hosting a World Cup may well outweigh its economic benefits. The first reason is opportunity cost – the money spent on infrastructure for the event may have been better used for other critical investments, and the infrastructure is often not put to good use afterwards. (Brazil’s most-expensive World Cup stadium is now a parking lot, for example). Second, while these events attract many fans, they also disrupt existing tourist flows and may scare off regular visitors. Because of the costs to government of hosting the event, even higher tourism numbers may not produce a Pareto gain. The 2010 World Cup in South Africa was predicted to draw 450 000 tourists, but only about two-thirds arrived, at a cost of US$13 000 per person to the government. Third, a growing share of revenue goes to governing bodies. Figures from The Economist show that the International Olympic Committee takes more than 70% of television revenue from the Games, up from 4% between 1960 and 1980. FIFA, soccer’s governing body, generated almost US$5 billion in revenue from the 2014 World Cup, despite not contributing to the costs of hosting it.
This doesn’t mean that hosting a World Cup is pointless. Sport helps to bridge social divides, and the ‘feel good’ factor can inspire people and encourage them to take up sport. Also, many governments use sporting events to ‘send a signal’ to the rest of the world, which might bring benefits such as higher trade. Even countries that lose a bid to host such an event may see an increase in trade, suggesting the message that they are ‘open for business’ is what really counts.

Southern Centre for Inequality Studies launches second working paper

Beyond a Treasury view of the world: Reflections from theory and history on heterodox economic policy options for South Africa, by Professor Vishnu Padayachee
Prof. Padayachee shows that without a supportive macroeconomic framework, many economic and social policy interventions for addressing growth and inequality are unlikely to gain much traction, often for budgetary reasons. He draws on both history and theory to demonstrate the early and respectable roots of heterodox economic thinking and support for a more activist, state-led macroeconomic policy.

The Russell Sage Foundation is an American philanthropic foundation that primarily funds research on income inequality. Located in New York City, the foundation conducts research, provides funding for studies by scholars at other academic and research institutions, and contributes to the social science community. It also publishes a journal, The Russell Sage Foundation Journal of the Social Sciences, with a focus on labour markets, immigration and ethnicity, social inequality, and behavioural economics.

PARI’s international conference on State Capture and its Aftermath will take place in Johannesburg on 22–24 October 2018. Please see the Call for Papers, and learn more about the ten themes of the conference.

Lecturer: Economic Development
The School of Economics in the Faculty of Commerce of the University of Cape Town is seeking to make a permanent appointment of a black South African at the Lecturer level in the field of Economic Development. This appointment will be under the auspices of the New Generation of Academics Programme (nGAP) funded by the Department of Higher Education. For more information on the nGAP programme, see

Industrial Policy for Policy Makers Training Programme: Call for applications

3 – 7 September 2018

Sandton, South Africa

This year’s theme for the Industrial Policy for Policy Makers (IPPM) training programme, held alongside the annual African Programme on Rethinking Development Economics (APORDE), is Structural Change, Innovation and Industrial Development. The intensive, five-day training course focuses on industrial policy and consists of lectures and seminars taught by leading international and African economists. It is particularly relevant given the recent adoption of the SADC Industrialisation Strategy and Action Plan. The programme involves both daytime lectures and evening lectures, and is free of charge. The application form is attached and is also available on the TIPS website (

Applied Economics course at the Sustainability Institute

The aim of this course is to help participants understand South Africa’s political economy. It looks at four dimensions: (a) the way South African economic history has been understood from a political economy perspective; (b) the dynamics of post-1994 economic policymaking and why the challenge of radical economic restructuring has not been adequately addressed; (c) the challenge of state capture from the perspective of the literature on neo-patrimonialism; and (d) potential alternatives, including industrial policy, radical green economy developments, ‘radical economic transformation’ and Fanonist perspectives on resistance and change.

To view the brochure for this course, please click here.

To apply online, please click here.


Call for Papers: African Review of Economics and Finance Conference

The African Review of Economics and Finance (AREF) is pleased to announce the call for papers for the 2018 annual conference, which will be hosted at the Wits Business School in Johannesburg on 22–23 August 2018. The 2018 AREF conference, on Growth and Inequality in Africa, brings together top scholars, doctoral students and practitioners from around the world to present research, network and collaborate.

Enquiries: Professor Paul Alagidede ( or Dr Jones Odei Mensah (

Industrial Policy for Policy Makers Training Programme: Call for applications

3 – 7 September 2018
Sandton, South Africa

This year’s theme for the Industrial Policy for Policy Makers (IPPM) training programme, held alongside the annual African Programme on Rethinking Development Economics (APORDE), is Structural Change, Innovation and Industrial Development. The intensive, five-day training course focuses on industrial policy and consists of lectures and seminars taught by leading international and African economists. It is particularly relevant given the recent adoption of the SADC Industrialisation Strategy and Action Plan. The programme consists of both daytime lectures and evening lectures. There is no charge to attend the training. The application form is attached and is also available on the TIPS website (


7 – 8 September 2018
University of the Witwatersrand

The Institute for Economic Justice and partner organisations will host the inaugural Rethinking Economics for Africa festival in September. The festival will have six thematic streams:
  • An economics curriculum for contemporary African realities 
  • Realising a feminist economy that transforms the daily lives of womxn and gender non-binary people
  • Living in today’s economy: Economics and social struggles
  • Pluralism and political economy 
  • Imagining a different economy: Development, justice and the ecological crisis 
  • Contemporary African debates (with a focus on South Africa).
Further information and registration details will be circulated in coming weeks. 


12 – 14 September 2018

The African Programme on Rethinking Development Economics (APORDE) is a two-week, high-level training programme in development economics, public policymaking, and development strategies aimed at building capacity in the South, particularly in Africa. APORDE is an initiative of the Department of Trade and Industry, with the support of the Industrial Development Corporation.
Please read the Call for Applications before completing the application online. Entry into the programme will be very competitive – we receive many high-quality applications, and only 25 applicants will be selected. Applicants must therefore ensure that they complete and submit all the required documentation.

Free State Provincial Treasury: Research Colloquium

12 – 14 September 2018

In a quest to institutionalise evidence-based policymaking, the Research Colloquium aims to consolidate all recently completed research on the Free State province in certain priority areas. By bringing researchers, practitioners, lawmakers and policymakers under one roof, the Colloquium bridges the gap between research and policymaking in the Free State. It also serves as a platform for disseminating research projects with a bearing on the province.

Call for Papers and Invitation to the 2018 Provincial Research Colloquium

EVIDENCE 2018: Engage, Understand, Impact

25 – 28 September 2018
The CSIR ICC, Pretoria

 EVIDENCE 2018 aims to encourage and promote evidence-informed decision-making (EIDM) in Africa, thereby contributing to the development of effective public policies, the efficient implementation of services, as well as joint learning on interventions that tackle poverty and inequality in African countries.
The Call for Abstracts is open, focusing on four priority issues for Africa. We will explore how EIDM can make a difference in the areas of quality education; good governance; communicable diseases; and climate resilience. This will allow us to build our shared knowledge and understanding not only in theory but also with concrete application to important issues.
To register or for more information, visit our website.

University of Cape Town 
Executive and Professional Training: Managing Power Sector Reform and Regulation in Africa 

8 – 12 October 2018, Cape Town

The infrastructure sector is facing new and complex challenges. State-owned, vertically integrated, monopoly industries are being restructured to improve performance, and private sector participation is frequently on the agenda. New regulations are being put in place and reformed utilities need to deliver expanded and affordable services for the poor, while promoting economic growth. Renewable energy is reaching grid-parity and new models need to be explored to accelerate investment in power generation capacity. 
Participants will be exposed to the frontiers of international experience and to best practice in managing these challenges and the new regulatory environment effectively. A number of case studies from Africa will be presented.

For further information on the course outline and online applications, go to or email Sharman May at

The UN World Data Forum 2018
Dubai, UAE 
22 – 24 October 2018

The programme of the UN World Data Forum is organised around six main thematic areas, covering a range of topics – see programme.

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