2030 Horizon Scanning in South Africa: Domestic Economy
Unemployment and poverty are among the central uncertainties facing the South African economy. Creating market-based jobs is the most sustainable way of addressing these problems. The Human Sciences Research Council generated scenarios for job creation to 2024, based on GDP growth rates of 3%, 4.5% and 6%. It projects that if the economy grew by…
read more >>Dynamic and Follower Sectors
Altman and Ngandu consider the role of different kinds of sectors’ contribution to growth and employment. Historically, goods production and exports have been a central focus of employment strategies. However, a growing majority of employment created globally is found in services, which are often considered to be non-traded sectors. This raises concerns for policy that…
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