Towards Employment-Intensive Growth in South Africa

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South Africa's high rate of unemployment makes it a complete outlier compared with other middle-income countries. It underpins extreme poverty and is a major contributor to social dislocation. Unemployment also represents a huge cost to growth. This book focuses on the growth path of the economy. The starting point is that while more rapid economic expansion is an important objective, at any given level of growth, the economy as a whole needs to become more labour-absorbing.