intensive growth

Development Paths and Employment

Intensive growth is defined as growth driven by productivity improvements. Productivity improvements are essential for rising incomes and poverty reduction, but can also have the effect of reducing employment ratios. Greater understanding of the role of productivity in development and growth is needed.Davies and van Seventer explore the meaning of intensive and extensive growth paths…

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The State of Employment and Unemployment

Altman outlines trends in employment, underemployment and unemployment in South Africa, and explains possible causes and policy implications. Net employment in South Africa was stagnant or falling since the early 1980s, mainly because of factors related to the Apartheid government’s policies of ‘Separate Development’. A large stock of unemployed built up over many years, and…

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