Menu

Search

Haroon Bhorat

Haroon Bhorat

Professor of Economics and Director of the Development Policy Research Unit, University of Cape Town
Haroon Bhorat is Professor of Economics and Director of the Development Policy Research Unit (DPRU) at the University of Cape Town, South Africa.

His research interests cover labour economics, poverty and income distribution. He has co-authored two books on labour market and poverty issues in South Africa, and has published more than 150 academic journal articles, book chapters and working papers. He recently co-edited The Oxford Companion to the Economics of South Africa (with Alan Hirsch, Ravi Kanbur and Mthuli Ncube).

Prof Bhorat has his PhD in Economics through Stellenbosch University in South Africa. He studied at the Massachusetts Institute of Technology and was a Cornell University research fellow.

Prof Bhorat holds the highly prestigious National Research Chair under the theme of Economic Growth, Poverty and Inequality: Exploring the Interactions for South Africa.

He is a Non-resident Senior Fellow at the Brookings Institution affiliated to the Global Economy and Development Program, and the Africa Growth Initiative (AGI), and a Research Fellow at IZA, the Institute for the Study of Labour in Bonn. Prof Bhorat consults with international organizations such as the ILO, the UNDP, the World Bank, Ratings Agencies and emerging market fund managers. He is a member of the World Bank’s Advisory Board of the Commission on Global Poverty. He was also a member of the UN Commission on Legal Empowerment of the Poor (LEP), and was Head of Research for the UN’s High-Level Panel on the Post-2015 Development Agenda.

Professor Bhorat has undertaken extensive work for several South African government departments – most notably the South African Department of Labour, the Presidency and the National Treasury. He is a Director on the Board of the Western Cape Tourism, Trade and Investment Promotion Agency (WESGRO), is a member of the Statistics Council, Statistics South Africa, and sits on the South African Journal of Economics Editorial Board.

He has served on a number of government research advisory panels, and was an economic advisor to the former Minister of Finance, and former Presidents Thabo Mbeki and Kgalema Motlanthe, formally serving on the Presidential Economic Advisory Panel.

Latest Research:

Bhorat, H. and Naidoo, K. (2015) "Africa’s Jobs Challenge". In: Africa at a Fork in the Road: Taking Off or Disappointment Once Again?, e-book edited by E. Zedillo, O. Cattaneo and H. Wheeler. Published by the Yale Center for the Study of Globalization. Chapter 9, pp. 145-162. Available at: http://www.ycsg.yale.edu/assets/downloads/africa.pdf

Bhorat, H., Kanbur, R. and Stanwix, B. (2014) "Estimating the Impact of Minimum Wages on Employment, Wages, and Non-wage Benefits: The Case of Agriculture in South Africa", American Journal of Agricultural Economics (2014) October, 96(5): 1402–1419.
Bhorat, H., Hirsch, A., Kanbur, R. and Ncube, M. (December 2013) "Economic Policy in South Africa: Past Present and Future". (Editors’ introduction to the forthcoming Oxford University Press Oxford Companion to the Economics of South Africa).

Bhorat, H., Naidoo, K. and Yu, D. (2014). "African Trade Unions—The Case of South Africa" in 'Economic Growth and Poverty Reduction in Sub-Saharan Africa: Current and Emerging Issues', Oxford University Press, edited by Erik Thorbecke and Andy McKay. FORTHCOMING.

Bhorat, H., Naidoo, K. and Yu, D. (2014). "Trade Unions in an Emerging Economy: The Case of South Africa", in The Oxford Handbook of Africa and Economics, edited by Justin Lin & Celestin Monga. FORTHCOMING.

Bhorat, H., Kanbur, R., and Mayet, N. (2013). "A Note on Measuring the Depth of Minimum Wage Violation", Labour: Review of Labour Economics and Industrial Relations. Volume 27, Issue 2, pages 192–197, April 2013.

Bhorat, H. and Goga, S. (2013). "The Gender Wage Gap in Post-Apartheid South Africa: A Re-examination", Journal of African Economies. Volume 22 Issue 2, March 2013.

Bhorat, H., Kanbur, R., and Mayet, N. (2013). "The Impact of Sectoral Minimum Wage Laws on Employment, Wages, and Hours of Work in South Africa", IZA Journal of Labor and Development, 2(1) January 2013.

1 

Economy

RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts

Westpac economists have revised their outlook for Australian monetary policy, now predicting the Reserve Bank of Australia will raise interest rates by 25 basis points at both its March and May meetings. If realized, the...

Bank of Japan Expected to Hold Rates at 0.75% Before June Hike Amid Middle East War Uncertainty

A recent Reuters poll of 64 economists confirmed that the Bank of Japan will hold its benchmark interest rate steady at 0.75% during its March 19 meeting, with a likely increase to 1.00% by the end of June. These...

Asia FX Steady as Iran War Signals and U.S. Inflation Data Weigh on Sentiment

Most Asian currencies traded within narrow ranges on Wednesday as investors weighed conflicting signals surrounding the U.S.-Israel conflict with Iran while bracing for critical U.S. inflation figures. Traders largely...

Asian Stock Markets Rise as Oil Prices Pull Back; U.S. CPI in Focus

Asian stock markets posted modest gains on Wednesday, buoyed by a retreat in oil prices after a turbulent start to the week driven by escalating Middle East tensions. Investors, however, remained cautious ahead of a...

Dollar Steadies as Traders Await Clarity on U.S.-Israel-Iran War

Global currency markets held their breath on Wednesday as the U.S. dollar maintained its position while traders waited for clearer signals about the trajectory of the U.S.-Israeli military conflict with Iran. The ongoing...

Politics

Shots Fired at U.S. Consulate in Toronto in Suspected National Security Incident

Canadian authorities have ramped up security measures around American and Israeli diplomatic buildings following a early-morning shooting at the U.S. consulate in Toronto. Prime Minister Mark Carney swiftly condemned the...

Israel-Iran War: Herzog Urges Patience as U.S. and Israeli Strikes Intensify

Israeli President Isaac Herzog has declined to provide a timeline for ending the ongoing conflict with Iran, emphasizing the need for a decisive and lasting outcome rather than a rushed resolution. Speaking to Germanys...

Trump Administration Spent $5.6 Billion in Munitions in Opening Days of Iran Strikes

The Trump administration disclosed to congressional committees that it expended $5.6 billion worth of munitions within the first 48 hours of its military strikes against Iran, according to a source with knowledge of the...

Ukraine Strikes Russian Missile Component Factory in Bryansk Using British Weapons

Ukrainian forces carried out a precision strike on a key Russian defense manufacturing plant in the Bryansk border region on Tuesday, President Volodymyr Zelenskiy confirmed. The targeted facility, known as the Kremniy El...

Boeing Secures $289 Million Smart Bomb Contract With Israel

Boeing has signed a $289 million defense contract with Israel to supply up to 5,000 air-launched smart bombs, according to a source who spoke with Reuters. The deal covers Boeings Small Diameter Bomb, a precision-guided...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Anduril Industries Acquires ExoAnalytic Solutions to Bolster Space Defense Capabilities

Anduril Industries has entered into a definitive agreement to acquire ExoAnalytic Solutions, a national security firm specializing in space situational awareness and missile defense technology. The move signals Andurils...

Nintendo Stock Surges 10% as Pokémon Pokopia Breaks Sales Records

Nintendo shares climbed sharply on Wednesday, with Nintendo Co Ltd (TYO:7974) jumping 10% to 10,035 yen, landing among the top performers on the Nikkei 225 index, which itself gained 2.7%. The surge came on the back of...

Amazon Invests $535 Million in Brisbane Robotics Fulfillment Center

Amazon.com Inc (NASDAQ: AMZN) has announced a major A$750 million (approximately $535 million USD) investment to build a cutting-edge robotics-driven fulfillment center in Brisbane, Australia. Slated for completion in...

Microsoft Backs Anthropic in Legal Fight Against Pentagon's AI Blacklist

Microsoft has stepped into a high-profile legal battle between AI startup Anthropic and the U.S. Department of Defense, filing an amicus brief in federal court in San Francisco to support Anthropics request for a temporary...

U.S. Senate Greenlights AI Chatbots for Official Staff Use

The United States Senate has officially approved three major artificial intelligence chatbots for use by congressional staff, marking a significant step in the adoption of AI technology within the federal government....
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.