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Unemployment in South Africa is extremely high and unevenly distributed, being concentrated among young less-skilled blacks. The legacies of apartheid can explain part of the increase in labour supply and inability of the economy to absorb it which produced the extreme levels of unemployment,...
Persistent link: https://www.econbiz.de/10005046163
While the German federal fiscal system has been successful in promoting a high standard of living even in regions whose economic capacity is low, tensions have emerged. <I>Firstly</I>, it has been difficult to ensure a sustainable fiscal policy, and the size of the overall deficit makes it difficult...</i>
Persistent link: https://www.econbiz.de/10005046172
The Chilean authorities plan to raise budgetary allocations over the medium term for a variety of social programmes, including education, health care and housing. This incremental spending will need to be carried out in a cost-efficient manner to make sure that it yields commensurate...
Persistent link: https://www.econbiz.de/10005046213
Globalisation, together with skill-biased technical change, is changing the composition of jobs in advanced economies and raising the level of skills required to do them. This has increased the importance of educating a large proportion of the population to much higher standards than in the...
Persistent link: https://www.econbiz.de/10005046241
Persistent link: https://www.econbiz.de/10012024152