Kalie Pauw Liberty Mncube () (Development Policy Research Unit, University of Cape Town)
Abstract
Abstract: This country study evaluates the experience of the South African economy with respect to growth, poverty and inequality trends since the advent of democracy in 1994. The post-apartheid government took a definite turn toward greater spending on social security, while job creation and a narrowing of the gap between the so-called first and second economies – the latter defined as the informal part of the economy that is also largely removed from formal sector activities – enjoyed priority in its economic strategy. Despite this focus on uplifting the poor it remains unclear as to what extent government has been successful. Some controversy exists around whether relatively fewer South Africans are poor ten years after the democratic government came into power. There seems to be greater consensus among analysts that inequality has increased. This study attempts to shed some light on these issues, drawing on recent South African literature and data.
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Publisher Info
Paper provided by University of Cape Town, Development Policy Research Unit in its series Working Papers with number
96102.
Length: 57 pages Date of creation: Aug 2007 Date of revision: Publication status: Published in Working Paper Series by the Development Policy Research Unit, August 2007, pages 1-57 Handle: RePEc:ctw:wpaper:96102
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