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South Africa has exhibited tepid economic growth over the past twenty years as well as high levels of income inequality characteristic of a middle income country growth trap. This paper compares and contrasts South Africa.s growth trap relative to middle
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In 1994 South Africa saw the end of apartheid. The new era of political freedom was seen as the foundation for economic prosperity and inclusion. The last two decades have seen mixed results. Economic growth has been volatile. While inequalities in public services have been reduced, income...
Persistent link: https://www.econbiz.de/10010798777
This study evaluates the impact of South Africa's long-term economic growth on household poverty and inequality between 1995 and 2005. We find a decline in aggregate levels of poverty, but increasing levels of inequality. The evidence suggests that the growth model provides substantial...
Persistent link: https://www.econbiz.de/10010761167
This paper attempts to understand some of the key drivers of employment and earnings trends within the South African labour market in the 15 years following the demise of apartheid. A number of factors are discussed which feature in the understanding of South Africa’s labour market dynamics in...
Persistent link: https://www.econbiz.de/10010766058
This paper attempts to investigate the impact of sectoral wage laws in South Africa. Specifically, we examine the impact of minimum wage laws promulgated in the Retail, Domestic work, Forestry, Security, and Taxi sectors using 15 waves of biannual Labour Force Survey data for the 2000-2007...
Persistent link: https://www.econbiz.de/10010766059
This paper investigates the labour market destinations of graduates from seven higher education institutions in South Africa. A three-step estimation procedure is employed in which the relative importance of covariates such as age, race, and gender in each stage from educational attainment to...
Persistent link: https://www.econbiz.de/10010766060
Minimum wage legislation is central in South African policy discourse, with both strong support and strong opposition. The validity of either position depends, however, on the effectiveness of minimum wage enforcement. Using detailed matching of occupational, sectoral and locational codes in the...
Persistent link: https://www.econbiz.de/10010766061