OECD Economic Surveys 2008: South Africa by OECD

Read or Download OECD Economic Surveys 2008: South Africa PDF

Similar south books

The Unofficial Guide to Washington, D.C. (Unofficial Guides)

We will Washington, DC in October and this publication will defininately support maintain us out of difficulty with site visitors, transportation and getting round the sector to determine what we actually are looking to see. there's a lot of particular details at the assorted areas of Washington, DC. .. an individual rather did their homework.

Theoretical and Empirical Studies on Cooperatives: Lessons for Cooperatives in South Africa

The e-book outlines how cooperatives can be utilized as a device for improvement and reconciliation in post-conflict contexts. This publication additionally examines the successes and demanding situations for rising and present cooperatives in Africa, whereas providing either functional classes and insights into the idea. It provides thoroughly new fabrics at the cooperative move, opposed to a backdrop of accelerating worldwide popularity of the jobs of cooperatives and collective motion in socio-economic improvement.

Additional info for OECD Economic Surveys 2008: South Africa

Sample text

1787/406341038816 1. JPM EMBI+. Source: Datastream. The government has constructed a policy response to the crisis, with demand- and supply-side components. On the demand side, measures include near-term power rationing via scheduled load-shedding, power quota allocations over the medium term, subsidies for alternative energy usage, restrictions on sales of incandescent bulbs, and 34 OECD ECONOMIC SURVEYS: SOUTH AFRICA – ECONOMIC ASSESSMENT – ISBN 978-92-64-04692-4 – © OECD 2008 1. ACHIEVING ACCELERATED AND SHARED GROWTH FOR SOUTH AFRICA energy efficiency measures within the state sector.

A greater emphasis on competition would also suggest a reduced focus on potentially costly and wasteful industrial policy interventions, which is also justified by the acknowledged deficiencies in public sector administrative capacity, planning and logistics. Raising formal sector employment does not have to mean discouraging informal sector activity While achieving formal sector employment for all those who want it is a valid longterm goal, in the nearer term the priority should be in increasing employment of all sorts, to absorb the excess supply of (particularly less-skilled) labour.

Probably the extent to which exchange rate volatility is a constraint on growth depends on the counterfactual, such as the nature of the measures that would be taken to limit such volatility. For example, if the response to exchange rate volatility were to increase the adaptability and resilience of the economy, that would be unproblematic, whereas measures like capital controls would need careful justification, given that they tend to impose efficiency costs and can eventually be circumvented.

Download PDF sample

Rated 4.64 of 5 – based on 3 votes