Bullettin n. 1/2011
June 2011
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Steytler Nico, Powell Derek
    The impact of the global financial crisis on decentralized government in South Africa
    in Europe en formation (L') , n. 358, hiver, 2010 ,  2010 ,  149-172
    This paper examines the impact of the global fi nancial crisis on South Africa, in particular on how the highly centralized federal system absorbed and responded to the crisis. The arguments are that the global crisis and the recession that followed have exacerbated long-standing structural problems in the economy, and that the state’s response to the crisis again highlighted the highly centralised nature of the country’s fi scal constitution. One section of the paper explores the impact of the fi nancial crisis on the economy and the three orders of government. Another section examines how each sphere responded to the crisis. A fi nal section assesses the impact of those responses on the political economy of the country and the workings of the federal system, concluding with a speculation on the long term legacy of the global crisis.
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