01603cas a2200241 a 4500 AALejournalIMF008377 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451840971 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. South Africa : Staff Report for the 2002 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (65 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2002 Article IV Consultation highlights that in 2001, the South African economy felt the impact of a slowdown in global economic activity, which interrupted the modest upturn that started late in 1998. Driven mainly by a contraction in overseas demand that lowered export prices and volumes, real GDP growth fell to 2.2 percent in 2001 from 3.4 percent in 2000. Activity reached a trough in the third quarter of the year, with GDP growth slowing to about 1 percent at an annualized rate and unemployment rising further from already high levels. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/017 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/017/002.2003.issue-017-en.xml IMF e-Library