Financial development, economic growth and stability: A case study of South Africa’s financial reform
Abstract
South Africa's unique colonial history, apartheid legacy, and ongoing
transition to democratic governance drive the country's determination to attain its
development objectives. Embedded in that determination is a broad social and
.environmental public benefits agenda-that is, a sustainable economic development
agenda. Public benefits include, inter alia, banking access, black economic
empowerment and financial sector stability and efficiency. "