welfare impacts

Leveraging Services for Growth, Employment and Equity: Services Trade Reform in the South African Economy: What Does it Mean for Growth and Welfare?

Cassim reviews the theoretical literature on the impact of services trade liberalisation on efficiency, welfare and growth. The objective is to assess its implications for services trade reform in the South African context. In view of data limitations, this paper draws insights from the theoretical and international literature and assesses its relevance to South Africa….