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Achieving Higher Growth and Employment: Policy options for South Africa

Author

Listed:
  • Christopher Loewald
  • David Faulkner
  • Konstantin Makrelov
Abstract
Using a dynamic computable general equilibrium model, the paper provides some direction on the areas of policy reform that could generate strong growth, employment and poverty reduction in South Africa. The core requirements for more rapid and sustained growth are greater saving, investment, more productive use of capital by better skilled workers, reduction in the […]

Suggested Citation

  • Christopher Loewald & David Faulkner & Konstantin Makrelov, 2013. "Achieving Higher Growth and Employment: Policy options for South Africa," Working Papers 334, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:334
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_334.pdf
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    Citations

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    Cited by:

    1. Hylton Hollander, 2024. "Debt-financed fiscal stimulus in South Africa," Studies in Economics and Econometrics, Taylor & Francis Journals, vol. 48(1), pages 87-112, January.
    2. Andre Nassif & Carmem Aparecida Feijo & Eliane Araújo, 2016. "Structural change, catching up and falling behind in the BRICS: A comparative analysis based on trade pattern and Thirlwall’s Law," PSL Quarterly Review, Economia civile, vol. 69(279), pages 373-421.
    3. Khayelihle Madlopha, 2019. "The Nexus between Consumer Confidence and Economic Growth in South Africa: An ARDL Bounds Testing Approach," Journal of Economics and Behavioral Studies, AMH International, vol. 11(2), pages 15-22.
    4. Christopher Loewald & David Faulkner & Konstantin Makrelov, 2020. "Time consistency and economic growth a case study of south african macroeconomic policy," Working Papers 10421, South African Reserve Bank.
    5. Amade Peter & Ibrahim H. Bakari, 2018. "Impact of Population Growth on Economic Growth in Africa: A Dynamic Panel Data Approach (1980 -2015)," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 6(4), pages :412-427, December.
    6. Meyer Daniel Francois & Sanusi Kaseem Abimbola, 2019. "A Causality Analysis of the Relationships Between Gross Fixed Capital Formation, Economic Growth and Employment in South Africa," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 64(1), pages 33-44, April.
    7. Asiya Maskaeva & Mgeni Msafiri, 2021. "Youth unemployment hysteresis in South Africa: Macro-micro analysis," WIDER Working Paper Series wp-2021-20, World Institute for Development Economic Research (UNU-WIDER).
    8. Musa Abdu & Abdullahi Buba & Abdul kareem Alhassan, 2018. "Macroeconomic Stability and Inclusive Growth in Nigeria: A Cointegration Approach," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 6(3), pages :370-389, September.
    9. Katye E. Altieri & Hilton Trollip & Tara Caetano & Alison Hughes & Bruno Merven & Harald Winkler, 2016. "Achieving development and mitigation objectives through a decarbonization development pathway in South Africa," Climate Policy, Taylor & Francis Journals, vol. 16(sup1), pages 78-91, June.

    More about this item

    Keywords

    Employment; Growth; Policy; South Africa;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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