Boosting exports in South Africa could lead to economic growth surge
The study looked at how exports affect economic growth in South Africa from 1970 to 2012. They found that exports and GDP grew together over time, with short-term fluctuations. The researchers also discovered that exports and GDP both cause each other to grow, supporting the idea that exporting more can boost economic growth in South Africa. The results suggest that focusing on increasing and diversifying exports could help improve growth and create more jobs in the country.