Employment and Income Distribution Experiences of Minerals Exporters and of Countries Achieving Growth Acceleration: Executive Summary

Many but not all minerals-dependent countries have performed badly in spite of the apparent advantage such an endowment gives them. Various institutional weaknesses have been identified in cross-country analyses as contributors to this outcome. Indonesia and Chile have been able to avoid such negative impacts on growth. Indonesia, which invested much oil revenue in smallholder…


South Africa’s Economic Development Trajectory: Implications for Skills Development Strategy

Mayer and Altman argue that skills development in South Africa must be aligned to the economic and political imperatives of reducing unemployment and poverty, while fostering growth and international competitiveness. The legacy of a resource-based economy, overlaid by apartheid policies, has resulted in widespread poverty, inequality and unemployment existing alongside globally competitive industries. It is…