Key Points:

  • International experience shows that labour-demanding growth is best pursued through stable, growth-orientated macroeconomic policies, a trade regime that encourages exports, and a competitive labour market.
  • Macroeconomic and labour market policies must be consistent with each other, especially during periods of adjustment.
  • This paper looks at whether South Africa’s policies are in line with these lessons.
Download Report

Photo credit:  Fancycrave