S&P’s decision to cut South Africa’s credit rating to “junk” has focused attention on the country’s current account and budget deficits. But South Africa’s balance sheet is actually in better shape than in recent years, which will limit the economic & market impact of ongoing political turbulence.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services