Original Research

Economic impact of the world summit on sustainable development

JH Martins, C Van Aardt
South African Journal of Economic and Management Sciences | Vol 7, No 3 | a1360 | DOI: https://doi.org/10.4102/sajems.v7i3.1360 | © 2004 JH Martins, C Van Aardt | This work is licensed under CC Attribution 4.0
Submitted: 08 April 2004 | Published: 08 April 2004

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JH Martins,
C Van Aardt, Bureau of Market Research, Unisa

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Abstract

South Africa hosted the World Summit on Sustainable Development (WSSD) in 2002.  This event is regarded as the single biggest conference to be held anywhere in the world. The aim of this paper is to set out the estimated economic impact of the WSSD and its parallel events on South Africa.  This impact can be expressed in monetary terms as well as employment figures.  The impact is calculated by using an input-output model and employment spin-offs determined from the IO table by using partial multipliers.  The input data were derived from a survey amongst WSSD delegates as well as information on government and private investments made.  

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