South Africa's high rate of unemployment (25%) makes it a complete outlier compared with other middle-income countries. Indeed, the unemployment rate rises to 33% if discouraged workers are taken into account. It underpins extreme poverty and inequality and is a major contributor to social dislocation. If it were not for increased social payments, poverty would have continued to increase since the advent of democracy in 1994. Unemployment also represents a huge cost to growth. This book focuses on the growth path of the economy.
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|Size: ||10.0 MB|
|Publisher: ||Juta Academic|
|Date published: || 2016|
|ISBN: ||9781775821663 (DRM-PDF)|
|Read Aloud: ||not allowed|
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|Alan Island, Albania, Andorra, Australia, Austria, Belarus, Belgium, Bosnia and Herzegowina, Bulgaria, Canada, China, Congo (The Democratic Republic of the), Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, French Polynesia, Germany, Gibraltar, Greece, Greenland, Guam, Guernsey, Heard and Mc Donald Islands, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Korea (Democratic People's Republic of), Latvia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia (The Former Yugoslav Republic of), Malta, Moldova (Republic of), Monaco, Montenegro, Netherlands, Northern Mariana Islands, Norway, Poland, Portugal, Puerto Rico, Romania, Saint Martin (French Part), San Marino, Serbia, Slovakia (Slovak Republic), Slovenia, Spain, St. Helena, St. Pierre and Miquelon, Svalbard and Jan Mayen Islands, Sweden, Switzerland, Timor-Leste, Turkey, Ukraine, United Kingdom, United States, United States Minor Outlying Islands, Vatican City State (Holy See), Virgin Islands (U.S.), Wallis and Futuna Islands|