Imagination is absent in the conventional spaces of South Africa’s economic growth path.Conventional wisdom equates increasing economic growth to around 7%, as an important target. In political speak, the growth target is of course a “necessary” and not a “sufficient” condition. What it In fact does is reflect orthodoxy. This policy stance is premised on the fiction that we can grow ourselves out of a situation of high unemployment, poverty and inequality.
The alternative position is to focus on building economic inclusion so that, as growth ramps up, so too, do employment growth and a concomitant reduction in poverty and inequality occur.
Enter COSATU’s economic proposals contained in “A growth Path Towards Full Employment.”
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Posted: September 28th, 2010 | Filed under: Economic Inclusion | Tags: Congress of South African Trade Unions, Cosatu, Growth Path | No Comments »
I have been freelancing for four years, and finally a day just for freelancers. Looking forward to learning at the online workshops, just click the image below and register for the event.
Posted: September 25th, 2010 | Filed under: Uncategorized | Tags: Freelancer | No Comments »
Unemployment Rate by Province (Second Quarter 2010)
| Province | % Unemployed |
| KwaZulu-Natal | 20.8 |
| Western Cape | 21.8 |
| Limpopo | 22.6 |
| South Africa (Total) | 25.3 |
| Gauteng | 27.1 |
| Eastern Cape | 27.7 |
| Free State | 28.0 |
| North West | 28.1 |
| Mpumalanga | 28.1 |
| Northern Cape | 30.1 |
Table on unemployment rate by province from Labour Force Survey Second Quarter 2010
Source: Statistics South Africa
Posted: September 25th, 2010 | Filed under: Economic Inclusion, Unemployment in South Africa | Tags: Provinces, South Africa, Unemployment | No Comments »
Sixteen Rand is not much. It’s what a single shot of espresso at an upmarket hotel in Cape Town might cost. However, poverty estimates reveal that over 20% of the population attempt to meet not only their food needs, but every other need with less than R16.00 a day.
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Posted: September 17th, 2010 | Filed under: Economic Inclusion, Public Policy | Tags: Capitalism, Income distribution, Poverty, Social equality | No Comments »
