Reforms over the past two decades have produced a well-balanced, modern tax system. However, considerable revenues will be needed in the years ahead to expand social spending and infrastructure in order to raise growth and well-being. The challenge is to generate these revenues without penalising growth or exacerbating inequality.
In this paper we include measures of school quality in regressions determining the labour market premiums to education level.
In this paper we document the impact of education levels on labour market outcomes from 1994 to 2010 using national household survey data.
South Africa’s macroeconomic framework has served the economy well, but should be strengthened to make the economy more resilient to external shocks.
This working paper reviews 10 in–depth case studies of urban projects proposed and operating within the realm of Joint Implementation (JI) and the Clean Development Mechanism (CDM) of the Kyoto Protocol. Environment Working Paper No. 29.
Commodity prices surged in 2006-08 in Argentina, Brazil, China, Chile, India, Indonesia, Russia, South Africa, Ukraine and Vietnam. Government policy responses to these price surges were not always successful in minimising the impact on consumers and producers, this report finds.
This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.
This report presents a detailed analysis of changes in poverty and inequality since the fall of Apartheid, and the potential drivers of such developments. National survey data used show that South Africa’s high aggregate level of income inequality increased between 1993 and 2008...
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This paper examines key trade and trade related issues facing South Africa and describes South Africa’s re-entry into the global trade architecture and its economic growth in the context of its trade performance.
This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007.