Tuesday, February 06, 2007

Create Jobs and fight Poverty

South Africa must industrialise to create jobs and fight poverty
February 2007

The ideological supposition and expectation created in South Africa’s political economy discourse in 1996 when government adopted the Growth, Employment, and Redistribution (GEAR) strategy was that high levels of economic growth would address the poverty and unemployment challenges. Various and at times dissimilar statistics continue to indicate that although the productivity of the South African economy has somewhat increased over the past 13 years, poverty and unemployment continue to ravage South African society.

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