. Al, . Refer, and . Bibi, and for a description of the micro-methodology, For a description of the methodology, please refer to Maisonnave et, 2009.

, Statistical Publications, online at www.statssa.gov.za

, This surge in GFCF was driven by investment by state-owned enterprises, such as Eskom, for new power generation capacity, and Transnet, to upgrade and expand rail

S. Bibi, J. Cockburn, L. Tiberti, and &. M. Coulibaly, The impact of the increase in food prices on child poverty and the policy response in Mali, Innocenti Working Papers 09/66, 2009.

S. Bibi, J. Cockburn, L. Tiberti, and &. I. Fofana, Impacts of the global crisis and policy responses on child well-being: A macro-micro simulation framework, UNICEF Innocenti Research Centre & UNICEF West and Central Africa Regional Office, vol.602, 2010.

M. Chitiga, R. Mabugu, and H. Maisonnave, The impact of the economic crisis in South Africa: A computable general equilibrium model" In Monitoring and Mitigating the Impact on Poverty of the Global Financial and Economic Crisis, 2012.

J. Cockburn, L. Tiberti, and &. I. Fofana, Simulating the impact of the global economic crisis and policy responses on children in West and Central Africa, Innocenti Working Papers, vol.596, 2010.

B. Decaluw-e, A. Lemelin, H. Maisonnave, and &. V. Robichaud, PEP-1-t.Standard PEP model: Single-country, recursive dynamic version, 2009.

S. Devarajan and S. Robinson, The influence of computable general equilibrium models on policy, Frontiers in applied general equilibrium modeling, pp.402-428, 2005.

C. Estrades and C. Llamb, Lessons from the 2008 financial crisis: Policy responses to external shocks in uruguay, The Developing Economies, Institute of Developing Economies, vol.51, issue.3, pp.233-259, 2013.

, World economic outlook database, International Monetary Fund, 2013.

H. Maisonnave, M. Chitiga, B. Decaluw-e, R. Mabugu, V. Robichaud et al., The impact of the international economic crisis on child poverty in South Africa, Poverty and Public Policy, vol.7, issue.2, pp.176-199, 2015.

H. Maisonnave, J. Mahabir, R. Mabugu, and M. Chitiga, The impact of the global economic crisis on subnational government: Lessons from the Free State Province in South Africa, 2010.

, Gross domestic product: Fourth quarter 2012. Statistical release P0441. Pretoria: Statistics South Africa, 2013.

, Labour Force Survey, Statistical release P0211, 2012.

, Quarterly Labour Force Survey (1st quarter), Statistical release P0211, 2013.