The Impact Of Technological Change On The Monitoring And Evaluation Of Imports and Exports On China And South Africa’s Economies.
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 3
Abstract
China is one of the fastest growing and developing countries in the world and South Africa is one of the fastest developing countries in Africa. Trade has increased between China and South Africa and both countries’ economies are growing. Technological change is playing a huge role in the development of economies and China is one of the leading economies that have used technology as a means of advancing its economy. Imports and exports are important constituents with regards to the growth of the economy. The imports from China to South Africa weigh more in the trading basket compared to the exports from South Africa to China, this indicates a trade deficit for South Africa’s economy, however since it is still a developing country skills and knowledge can be transferred in terms of technology from China to South Africa. It is essential to keep track and progress through a monitoring and evaluation system to ensure the aims and objectives are met with regards to the growth of the economy and to keep trackon the types of investments that can assist the country. The monitoring and evaluation system is one of the tools used to assess performance in South African departments, it would be essential for the system to be implemented in the trade arena. The aim of this paper is to assess the impact of technological change in the monitoring and evaluation of imports and exports in China and South Africa’s economy using qualitative and quantitative assessments to assess the different theories and models.
Authors and Affiliations
Vuyelwa Jeanett Moledi
Keywords
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- EP ID EP414655
- DOI 10.9790/5933-0903016367.
- Views 195
- Downloads 0
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