Analysis of the Socio-economic Situation in the Sadc Countries

This article examines the current social and economic performance of South African national integral grouping SADC (Southern African Development Community). It analyzes the latest economic development in the SADC countries by looking at the GDP development and the development of several fundamental socio-political indicators that have an important impact on the stability and sustainable development of the countries. The countries are compared on the basis of indices such as HDI, Gini index, the share of population living in absolute poverty or the level of education and health sectors. In addition, they are assesses in terms of ease of doing business as well as reforms to facilitate the business. As an important determinant of socio-economic environment is considered the political environment quality, which is expressed through an aggregated index. Finally it discusses the relationship between political and socio-economic environment which is tested through statistical methods of regression and correlation. The work also contains of brief history of the SADC.