Answer to Question #232627 in Macroeconomics for Loly

Question

 Do you think South Africa will recover its economy amid the pandemic? Explain.

Answer 1

Yes, South Africa will recover its economy amid the pandemic. This is because the sectors that are integrated with global value chains recover faster. South Africa trade globally with China and United states thereby will be able to recover through trading. Since the government has given vaccines to its citizens, the productivity will increase as people act as source of labor, investors thereby increasing employment.