Boosting productivity to improve living standards in South Africa:
Productivity growth has been falling for a decade, hindering improvements in living standards. Low productivity reflects, firstly, poor infrastructure in telecommunications and transport. Secondly, the regulatory environment is not always business-friendly and often raises obstacles to firm entry, e...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2022
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1746 |
| Schlagworte: | |
| Online-Zugang: | UBA01 TUM01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 FHI01 Volltext |
| Zusammenfassung: | Productivity growth has been falling for a decade, hindering improvements in living standards. Low productivity reflects, firstly, poor infrastructure in telecommunications and transport. Secondly, the regulatory environment is not always business-friendly and often raises obstacles to firm entry, exit and expansion. Combined with weak competition in important sectors, this has led to lower private investment levels, particularly, business R&D. Finally, the educational and health care systems have been unable to supply adequately skilled workers across the country. To improve productivity, public investment needs to become more effective, notably by strengthening the selection process for large infrastructure projects. A more pro-competitive business environment would let productive firms grow and foster innovation. Widening and reducing inequalities in access to education and health care would reduce skill shortages |
| Beschreibung: | 1 Online-Ressource (41 Seiten) |
| DOI: | 10.1787/42f1c698-en |
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Datensatz im Suchindex
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| spelling | Cahu, Paul Verfasser aut Boosting productivity to improve living standards in South Africa Paul, Cahu, Falilou, Fall and Priscilla, Fialho Paris OECD Publishing 2022 1 Online-Ressource (41 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers no.1746 Productivity growth has been falling for a decade, hindering improvements in living standards. Low productivity reflects, firstly, poor infrastructure in telecommunications and transport. Secondly, the regulatory environment is not always business-friendly and often raises obstacles to firm entry, exit and expansion. Combined with weak competition in important sectors, this has led to lower private investment levels, particularly, business R&D. Finally, the educational and health care systems have been unable to supply adequately skilled workers across the country. To improve productivity, public investment needs to become more effective, notably by strengthening the selection process for large infrastructure projects. A more pro-competitive business environment would let productive firms grow and foster innovation. Widening and reducing inequalities in access to education and health care would reduce skill shortages Economics South Africa Fialho, Priscilla MitwirkendeR ctb https://doi.org/10.1787/42f1c698-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Cahu, Paul Boosting productivity to improve living standards in South Africa Economics South Africa |
| title | Boosting productivity to improve living standards in South Africa |
| title_auth | Boosting productivity to improve living standards in South Africa |
| title_exact_search | Boosting productivity to improve living standards in South Africa |
| title_exact_search_txtP | Boosting productivity to improve living standards in South Africa |
| title_full | Boosting productivity to improve living standards in South Africa Paul, Cahu, Falilou, Fall and Priscilla, Fialho |
| title_fullStr | Boosting productivity to improve living standards in South Africa Paul, Cahu, Falilou, Fall and Priscilla, Fialho |
| title_full_unstemmed | Boosting productivity to improve living standards in South Africa Paul, Cahu, Falilou, Fall and Priscilla, Fialho |
| title_short | Boosting productivity to improve living standards in South Africa |
| title_sort | boosting productivity to improve living standards in south africa |
| topic | Economics South Africa |
| topic_facet | Economics South Africa |
| url | https://doi.org/10.1787/42f1c698-en |
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