Meeting the Challenge of Unemployment?
| dc.contributor.author | Nattrass, N | |
| dc.date.accessioned | 2016-05-11T09:44:43Z | |
| dc.date.available | 2016-05-11T09:44:43Z | |
| dc.date.issued | 2014 | |
| dc.date.updated | 2016-05-11T08:30:10Z | |
| dc.description.abstract | South Africa has one of the highest rates of unemployment in the world. Job creation is a national priority, yet labor-intensive options are derided by the trade union movement as an unacceptable throwback to the “cheap labor” policies of apartheid, and effectively ruled out by the government in its recent National Development Plan (NDP). Instead, minimum-wage setting in South Africa continues to contribute to job destruction (as evidenced most recently in the clothing industry). Policy-makers hope that support for high-productivity firms and rapid economic growth will make up for job losses and solve the unemployment problem. Unfortunately, South Africa’s economic performance has been comparatively disappointing and constrained by negative investor sentiment, especially with regard to the labor market. The NDP has called for a social accord between labor and capital. But the prospects are not promising, and unemployment is likely to remain a significant feature of the South African economic landscape. | en_ZA |
| dc.identifier.apacitation | Nattrass, N. (2014). Meeting the Challenge of Unemployment?. <i>The Annals of the American Academy of Political and Social Science</i>, http://hdl.handle.net/11427/19587 | en_ZA |
| dc.identifier.chicagocitation | Nattrass, N "Meeting the Challenge of Unemployment?." <i>The Annals of the American Academy of Political and Social Science</i> (2014) http://hdl.handle.net/11427/19587 | en_ZA |
| dc.identifier.citation | Nattrass, N. (2014). Meeting the Challenge of Unemployment?. The ANNALS of the American Academy of Political and Social Science, 652(1), 87-105. | en_ZA |
| dc.identifier.issn | 1552-3349 | en_ZA |
| dc.identifier.ris | TY - Journal Article AU - Nattrass, N AB - South Africa has one of the highest rates of unemployment in the world. Job creation is a national priority, yet labor-intensive options are derided by the trade union movement as an unacceptable throwback to the “cheap labor” policies of apartheid, and effectively ruled out by the government in its recent National Development Plan (NDP). Instead, minimum-wage setting in South Africa continues to contribute to job destruction (as evidenced most recently in the clothing industry). Policy-makers hope that support for high-productivity firms and rapid economic growth will make up for job losses and solve the unemployment problem. Unfortunately, South Africa’s economic performance has been comparatively disappointing and constrained by negative investor sentiment, especially with regard to the labor market. The NDP has called for a social accord between labor and capital. But the prospects are not promising, and unemployment is likely to remain a significant feature of the South African economic landscape. DA - 2014 DB - OpenUCT DP - University of Cape Town J1 - The Annals of the American Academy of Political and Social Science LK - https://open.uct.ac.za PB - University of Cape Town PY - 2014 SM - 1552-3349 T1 - Meeting the Challenge of Unemployment? TI - Meeting the Challenge of Unemployment? UR - http://hdl.handle.net/11427/19587 ER - | en_ZA |
| dc.identifier.uri | http://hdl.handle.net/11427/19587 | |
| dc.identifier.vancouvercitation | Nattrass N. Meeting the Challenge of Unemployment?. The Annals of the American Academy of Political and Social Science. 2014; http://hdl.handle.net/11427/19587. | en_ZA |
| dc.language | eng | en_ZA |
| dc.publisher | SAGE Publications | en_ZA |
| dc.publisher.department | Centre for Social Science Research(CSSR) | en_ZA |
| dc.publisher.faculty | Faculty of Humanities | en_ZA |
| dc.publisher.institution | University of Cape Town | |
| dc.source | The Annals of the American Academy of Political and Social Science | en_ZA |
| dc.source.uri | http://ann.sagepub.com/ | |
| dc.subject.other | South Africa | |
| dc.subject.other | unemployment | |
| dc.subject.other | economic growth | |
| dc.subject.other | Brazil | |
| dc.subject.other | BRICS | |
| dc.title | Meeting the Challenge of Unemployment? | en_ZA |
| dc.type | Journal Article | en_ZA |
| uct.type.filetype | Text | |
| uct.type.filetype | Image | |
| uct.type.publication | Research | en_ZA |
| uct.type.resource | Article | en_ZA |