OECD ECONOMIC SURVEYS: SOUTH AFRICA 2017

OECD PUBLISHING

Calificar:

Sinopsis de OECD ECONOMIC SURVEYS: SOUTH AFRICA 2017

Over the last two decades, South Africa has accomplished enormous social progress by bringing to millions of citizens access to key public services. Nevertheless, growth has trended down markedly recently due to constraints on the supply side. Low growth has led to the stagnation of GDP per capita, and persistent high unemployment and inequalities. The economy faces many structural challenges while high inflation limits room for monetary policy support  and high public debt constrains public spending. South Africa needs structural reforms that would boost the potential of the economy, in particular, broadening competition, limiting the size and grip of state-owned enterprises on the economy, and improving the quality of the education system. Greater regional integration could provide new opportunities for growth by expanding market size. South African firms are well placed to benefit from deeper integration. However, lowering tariffs and non-tariffs barriers on trade, developing regional infrastructure and harmonising regulations are needed to foster regional integration. SPECIAL FEATURES: DEEPENING REGIONAL INTEGRATION; BOOSTING ENTREPRENEURSHIP

0 reseñas sobre el libro OECD ECONOMIC SURVEYS: SOUTH AFRICA 2017