This paper assesses South Africa’s strategic role in advancing the African Continental Free Trade Area (AfCFTA) and evaluates how it can optimise the agreement’s benefits for continental integration. Although South Africa was instrumental in shaping…
The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…