The challenge of low employment economic growth in South Africa: 1994 -2008
South African Journal of Economic and Management Sciences
Field | Value | |
Title | The challenge of low employment economic growth in South Africa: 1994 -2008 | |
Creator | Mahadea, Darma Simson, Richard | |
Description | The formal sector in South Africa is unable to provide adequate employment for labour although the economy registered positive economic growth rates over the past 15 years since the demise of apartheid. This is a critical problem, given the current recessionary climate and recent developments in the economies of our trading partners. While government has responded with many initiatives to deal with employment creation, unemployment rates remain high. This problem is examined by reviewing South Africas growth performance and links to employment and posits various alternative strategies. The growth elasticity of employment is found to be rather low over the 1994-2008 period, and even over a longer time horizon the marginal growth employment effect is found to be rather weak. | |
Publisher | AOSIS Publishing | |
Date | 2010-12-01 | |
Identifier | 10.4102/sajems.v13i4.92 | |
Source | South African Journal of Economic and Management Sciences; Vol 13, No 4 (2010); 391-406 2222-3436 1015-8812 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/92/11
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