Author: Arkebe Oqubay
Publisher: Oxford University Press
ISBN: 0192894196
Category : Business & Economics
Languages : en
Pages : 1153
Book Description
This Handbook provides a detailed and wide-ranging coverage of the key economic questions in South Africa, concentrating on the more recent economic challenges facing the country.
The Oxford Handbook of the South African Economy
Author: Arkebe Oqubay
Publisher: Oxford University Press
ISBN: 0192894196
Category : Business & Economics
Languages : en
Pages : 1153
Book Description
This Handbook provides a detailed and wide-ranging coverage of the key economic questions in South Africa, concentrating on the more recent economic challenges facing the country.
Publisher: Oxford University Press
ISBN: 0192894196
Category : Business & Economics
Languages : en
Pages : 1153
Book Description
This Handbook provides a detailed and wide-ranging coverage of the key economic questions in South Africa, concentrating on the more recent economic challenges facing the country.
Evidence on the Impact of Minimum Wage Laws in an Informal Sector
Author: Taryn Dinkelman (Economics Department, University of the Witwatersrand (2000))
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
What happens when a previously uncovered labor market is regulated? We exploit the introduction of a minimum wage in South Africa and variation in the intensity of this law to identify increases in wages and no statistically significant effects on employment on the intensive or extensive margins for domestic workers. These large, partial responses to the law are somewhat surprising, given the lack of monitoring and enforcement in this informal sector. We interpret these changes as evidence that strong external sanctions are not necessary for new labor legislation to have a significant impact on informal sectors of developing countries, at least in the short-run.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
What happens when a previously uncovered labor market is regulated? We exploit the introduction of a minimum wage in South Africa and variation in the intensity of this law to identify increases in wages and no statistically significant effects on employment on the intensive or extensive margins for domestic workers. These large, partial responses to the law are somewhat surprising, given the lack of monitoring and enforcement in this informal sector. We interpret these changes as evidence that strong external sanctions are not necessary for new labor legislation to have a significant impact on informal sectors of developing countries, at least in the short-run.
Inequality in the Developing World
Author: Carlos Gradín
Publisher: Oxford University Press
ISBN: 0198863969
Category : Business & Economics
Languages : en
Pages : 373
Book Description
An analysis of the elevated level of contemporary global economic inequality--its measurement, trends over time and geography, and the policy challenges thrown up by them, with a focus on mainly five countries--Brazil, China, India, South Africa, and Mexico.
Publisher: Oxford University Press
ISBN: 0198863969
Category : Business & Economics
Languages : en
Pages : 373
Book Description
An analysis of the elevated level of contemporary global economic inequality--its measurement, trends over time and geography, and the policy challenges thrown up by them, with a focus on mainly five countries--Brazil, China, India, South Africa, and Mexico.
Youth and Employment in Sub-Saharan Africa
Author: Hiroyuki Hino
Publisher: Routledge
ISBN: 1135127840
Category : Business & Economics
Languages : en
Pages : 439
Book Description
It is widely acknowledged that youth unemployment is one of the most critical challenges facing countries in Sub-Saharan Africa. This volume brings together an eminent group of international scholars to analyse the extent and complex nature of this joblessness, and offer a set of evidence-based policy choices that could contribute to solving the problem in the short- and long-run. Part I reviews the existing literature on youth unemployment and underemployment in Sub-Saharan Africa from microeconomic and macroeconomic perspectives, while Part II goes on to present detailed country studies of Ethiopia, Ghana, Kenya and South Africa. These studies offer a deep understanding of the situation on the ground and consider country-specific solutions. Throughout the book it is argued that the standard ILO definition of unemployment is too narrow to correctly portray employment situations in Sub-Saharan Africa. Several alternative measures of unemployment are presented, which show that joblessness is far more pervasive than commonly assumed in the literature. This volume will be of interest to academics and policy makers involved in African development.
Publisher: Routledge
ISBN: 1135127840
Category : Business & Economics
Languages : en
Pages : 439
Book Description
It is widely acknowledged that youth unemployment is one of the most critical challenges facing countries in Sub-Saharan Africa. This volume brings together an eminent group of international scholars to analyse the extent and complex nature of this joblessness, and offer a set of evidence-based policy choices that could contribute to solving the problem in the short- and long-run. Part I reviews the existing literature on youth unemployment and underemployment in Sub-Saharan Africa from microeconomic and macroeconomic perspectives, while Part II goes on to present detailed country studies of Ethiopia, Ghana, Kenya and South Africa. These studies offer a deep understanding of the situation on the ground and consider country-specific solutions. Throughout the book it is argued that the standard ILO definition of unemployment is too narrow to correctly portray employment situations in Sub-Saharan Africa. Several alternative measures of unemployment are presented, which show that joblessness is far more pervasive than commonly assumed in the literature. This volume will be of interest to academics and policy makers involved in African development.
Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets
Author: Ziolo, Magdalena
Publisher: IGI Global
ISBN: 1799810356
Category : Business & Economics
Languages : en
Pages : 383
Book Description
Sustainable development is necessary to counteract and mitigate the impact of socially harmful forces in a globalized world. However, sustainable development and its organizations must ensure the effective management of their funds and beneficial financial frameworks in order to best realize their sustainable goals. There is a need for studies that seek to understand how to connect sustainable development and the financial world in order to maximize the economic and environmental wellbeing of the world. Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets is a pivotal reference source that examines the funding and monetary utilization of environmental and socially-responsible entities. Featuring research on topics such as green taxes, intergenerational equity, and shadow economy, this book is ideally designed for government officials, policymakers, economists, financial managers, sustainability developers, and academicians seeking current research on the relationship between new sustainable financial phenomena and negative global externalities.
Publisher: IGI Global
ISBN: 1799810356
Category : Business & Economics
Languages : en
Pages : 383
Book Description
Sustainable development is necessary to counteract and mitigate the impact of socially harmful forces in a globalized world. However, sustainable development and its organizations must ensure the effective management of their funds and beneficial financial frameworks in order to best realize their sustainable goals. There is a need for studies that seek to understand how to connect sustainable development and the financial world in order to maximize the economic and environmental wellbeing of the world. Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets is a pivotal reference source that examines the funding and monetary utilization of environmental and socially-responsible entities. Featuring research on topics such as green taxes, intergenerational equity, and shadow economy, this book is ideally designed for government officials, policymakers, economists, financial managers, sustainability developers, and academicians seeking current research on the relationship between new sustainable financial phenomena and negative global externalities.
Tasks, Skills, and Institutions
Author: Carlos Gradín
Publisher: Oxford University Press
ISBN: 0192872249
Category : Business & Economics
Languages : en
Pages : 337
Book Description
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The book investigates the trends in earnings inequalities in developing countries to determine the main drivers. Particular attention is paid to extending the most conventional explanations of changes in earnings inequality, based on the relative abundance of skilled and unskilled labour, with recent theories that put the nature of tasks performed by workers in their jobs, rather than their skills, at the centre of the analysis. The latter approach has helped to explain relevant patterns recently observed in the trends in earnings inequality in the US and other industrialized countries. Developed countries have experienced a polarization in earnings and in employment, namely stronger growth in the earnings and jobs for the most and least skilled workers at the expense of those in the middle. This pattern has been attributed to differences in tasks-whether a given job is routine and can be automated or offshored-rather than skills, and has reduced employment and incomes in typical middle-class jobs in manufacturing and services. However, this narrative has been developed in the context of mature industrialized economies on the frontier of technological change that have also seen a large set of activities offshored to emergent economies. Evidence for developing countries, however, is still scarce and faces bigger challenges, both conceptual, and in terms of gathering the necessary data on earnings and task content of jobs. This book presents the main results of the UNU-WIDER project, The Changing Nature of Work and Inequality, aiming to fill this knowledge gap.
Publisher: Oxford University Press
ISBN: 0192872249
Category : Business & Economics
Languages : en
Pages : 337
Book Description
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The book investigates the trends in earnings inequalities in developing countries to determine the main drivers. Particular attention is paid to extending the most conventional explanations of changes in earnings inequality, based on the relative abundance of skilled and unskilled labour, with recent theories that put the nature of tasks performed by workers in their jobs, rather than their skills, at the centre of the analysis. The latter approach has helped to explain relevant patterns recently observed in the trends in earnings inequality in the US and other industrialized countries. Developed countries have experienced a polarization in earnings and in employment, namely stronger growth in the earnings and jobs for the most and least skilled workers at the expense of those in the middle. This pattern has been attributed to differences in tasks-whether a given job is routine and can be automated or offshored-rather than skills, and has reduced employment and incomes in typical middle-class jobs in manufacturing and services. However, this narrative has been developed in the context of mature industrialized economies on the frontier of technological change that have also seen a large set of activities offshored to emergent economies. Evidence for developing countries, however, is still scarce and faces bigger challenges, both conceptual, and in terms of gathering the necessary data on earnings and task content of jobs. This book presents the main results of the UNU-WIDER project, The Changing Nature of Work and Inequality, aiming to fill this knowledge gap.
South Africa
Author: Rahul Anand
Publisher: International Monetary Fund
ISBN: 1475533675
Category : Business & Economics
Languages : en
Pages : 37
Book Description
This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using individual level panel data from the Quarterly Labor Force Survey. While prior work experience and gender are found to be important determinants of the job-finding rate, education attainment and race are important determinants of the job-exit rate. Using stock-flow equations, counterfactual exercises are conducted to quantify the role of these different transition rates on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is found to be important for reducing inequality – estimates suggest that a 10 percentage point reduction in unemployment lowers the Gini coefficient by 3 percent. Achieving a similar reduction solely through transfers would require a 40 percent increase in government transfers.
Publisher: International Monetary Fund
ISBN: 1475533675
Category : Business & Economics
Languages : en
Pages : 37
Book Description
This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using individual level panel data from the Quarterly Labor Force Survey. While prior work experience and gender are found to be important determinants of the job-finding rate, education attainment and race are important determinants of the job-exit rate. Using stock-flow equations, counterfactual exercises are conducted to quantify the role of these different transition rates on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is found to be important for reducing inequality – estimates suggest that a 10 percentage point reduction in unemployment lowers the Gini coefficient by 3 percent. Achieving a similar reduction solely through transfers would require a 40 percent increase in government transfers.
Growth and Poverty in Sub-Saharan Africa
Author: Channing Arndt
Publisher: Oxford University Press
ISBN: 019874479X
Category : Business & Economics
Languages : en
Pages : 499
Book Description
While the economic growth renaissance in sub-Saharan Africa is widely recognized, much less is known about progress in living conditions. This book comprehensively evaluates trends in living conditions in 16 major sub-Saharan African countries, corresponding to nearly 75% of the total population. A striking diversity of experience emerges. While monetary indicators improved in many countries, others are yet to succeed in channeling the benefits of economic growth into the pockets of the poor. Some countries experienced little economic growth, and saw little material progress for the poor. At the same time, the large majority of countries have made impressive progress in key non-monetary indicators of wellbeing. Overall, the African growth renaissance earns two cheers, but not three. While gains in macroeconomic and political stability are real, they are also fragile. Growth on a per capita basis is much better than in the 1980s and 1990s, yet not rapid compared with other developing regions. Importantly from a pan-African perspective, key economies-particularly Kenya, Nigeria, and South Africa-are not among the better performers. Looking forward, realistic expectations are required. The development process is, almost always, a long hard slog. Nevertheless, real and durable factors appear to be at play on the sub-continent with positive implications for growth and poverty reduction in future.
Publisher: Oxford University Press
ISBN: 019874479X
Category : Business & Economics
Languages : en
Pages : 499
Book Description
While the economic growth renaissance in sub-Saharan Africa is widely recognized, much less is known about progress in living conditions. This book comprehensively evaluates trends in living conditions in 16 major sub-Saharan African countries, corresponding to nearly 75% of the total population. A striking diversity of experience emerges. While monetary indicators improved in many countries, others are yet to succeed in channeling the benefits of economic growth into the pockets of the poor. Some countries experienced little economic growth, and saw little material progress for the poor. At the same time, the large majority of countries have made impressive progress in key non-monetary indicators of wellbeing. Overall, the African growth renaissance earns two cheers, but not three. While gains in macroeconomic and political stability are real, they are also fragile. Growth on a per capita basis is much better than in the 1980s and 1990s, yet not rapid compared with other developing regions. Importantly from a pan-African perspective, key economies-particularly Kenya, Nigeria, and South Africa-are not among the better performers. Looking forward, realistic expectations are required. The development process is, almost always, a long hard slog. Nevertheless, real and durable factors appear to be at play on the sub-continent with positive implications for growth and poverty reduction in future.
Household Consumption Volatility and Poverty Risk: Case Studies from South Africa and Tanzania
Author: Mr.Matthieu Bellon
Publisher: International Monetary Fund
ISBN: 1513527010
Category : Business & Economics
Languages : en
Pages : 41
Book Description
Economic volatility remains a fact of life in Sub Saharan Africa (SSA). Household-level shocks create large consumption fluctuations, raising the incidence of poverty. Drawing on micro-level data from South Africa and Tanzania, we examine the vulnerability to shocks across household types (e.g. by education, ethnic group, and economic activity) and we quantify the impact that reducing consumption volatility would have on aggregate poverty. We then discuss coverage of consumption insurance mechanisms, including financial access and transfers. Country characteristics crucially determine which household-level shocks are most prevalent and which consumption-smoothing mechanisms are available. In Tanzania, agricultural shocks are an important source of consumption risk as two thirds of households are involved in some level of agricultural production. For South Africa, we focus on labor market risk proxied by transitions from formal employment to informal work or unemployment. We find that access to credit, when available, and government transfers can effectively mitigate labor market shocks.
Publisher: International Monetary Fund
ISBN: 1513527010
Category : Business & Economics
Languages : en
Pages : 41
Book Description
Economic volatility remains a fact of life in Sub Saharan Africa (SSA). Household-level shocks create large consumption fluctuations, raising the incidence of poverty. Drawing on micro-level data from South Africa and Tanzania, we examine the vulnerability to shocks across household types (e.g. by education, ethnic group, and economic activity) and we quantify the impact that reducing consumption volatility would have on aggregate poverty. We then discuss coverage of consumption insurance mechanisms, including financial access and transfers. Country characteristics crucially determine which household-level shocks are most prevalent and which consumption-smoothing mechanisms are available. In Tanzania, agricultural shocks are an important source of consumption risk as two thirds of households are involved in some level of agricultural production. For South Africa, we focus on labor market risk proxied by transitions from formal employment to informal work or unemployment. We find that access to credit, when available, and government transfers can effectively mitigate labor market shocks.
Social Policy in a Developing World
Author: Rebecca Surender
Publisher: Edward Elgar Publishing
ISBN: 1849809933
Category : Social Science
Languages : en
Pages : 313
Book Description
ÔThis volume makes a valuable contribution to the dynamic and expanding field of scholarship on social policy in developing countries. In combining analytical frameworks used in comparative social policy analysis with an examination of key areas of policy and provision in selected countries, it will be a key resource for anyone interested in current debates in international social policy and welfare.Õ Ð Nicola Yeates, Open University, UK There is increasing interest in the significance of social policy in the management of welfare and risk in the developing world. This volume provides a critical analysis of the challenges and opportunities facing social protection systems in the global south, and examines current strategies for addressing poverty and welfare needs in the region. In particular, the text explores the extent to which the analytic models and concepts for the study of social policy in the industrialised North are relevant in a developing country context. The volume analyses the various institutions, actors, instruments and mechanisms involved in the welfare arrangements of developing countries and provides a study of the contexts, development and future trajectory of social policy in the global South. The bookÕs comparative and interdisciplinary approach will be of interest to anyone involved in social policy research and analysis and current welfare debates.
Publisher: Edward Elgar Publishing
ISBN: 1849809933
Category : Social Science
Languages : en
Pages : 313
Book Description
ÔThis volume makes a valuable contribution to the dynamic and expanding field of scholarship on social policy in developing countries. In combining analytical frameworks used in comparative social policy analysis with an examination of key areas of policy and provision in selected countries, it will be a key resource for anyone interested in current debates in international social policy and welfare.Õ Ð Nicola Yeates, Open University, UK There is increasing interest in the significance of social policy in the management of welfare and risk in the developing world. This volume provides a critical analysis of the challenges and opportunities facing social protection systems in the global south, and examines current strategies for addressing poverty and welfare needs in the region. In particular, the text explores the extent to which the analytic models and concepts for the study of social policy in the industrialised North are relevant in a developing country context. The volume analyses the various institutions, actors, instruments and mechanisms involved in the welfare arrangements of developing countries and provides a study of the contexts, development and future trajectory of social policy in the global South. The bookÕs comparative and interdisciplinary approach will be of interest to anyone involved in social policy research and analysis and current welfare debates.