Social progress over the past two decades has been impressive. But growth has not been inclusive enough due to insufficient employment growth. Macroeconomic policies are stabilising inflation and public debt. Tackling infrastructure bottlenecks and improving business regulation would boost job creation. Improving wage negotiations and job matching would also promote more inclusive growth.
South Africa has made impressive social progress over the past two decades, lifting millions of people out of poverty and broadening access to essential services like water, electricity and sanitation.
The Secretary-General was in Pretoria to present the 2015 OECD Economic Survey of South Africa and hold meetings with several high-level officials. He also participated in a meeting on the OECD’s New Approaches to Economic Challenges (NAEC) initiative.
English, PDF, 556kb
As in the OECD area, labour market conditions are gradually improving in South Africa, but much more progress is required to tackle a number of structural weaknesses. The unemployment rate still remains above its pre-crisis level and more than three and half times higher than the OECD average.
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
Taxation is a key tool by which governments can influence energy use to contain its environmental impacts. This report provides a systematic analysis of the structure and level of energy taxes in OECD and selected other countries, including South Africa; together, they cover 80% of global energy use.
Ministers expressed full support for the OECD’s global relations strategy, as an essential element to increase its impact and relevance. This strategy has been the centrepiece of Secretary-General Angel Gurría’s vision to transform the Organisation into a more inclusive, global policy network and a prime forum for evidence-based policy exchange and global standard setting.
With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.
English, PDF, 60kb
Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.