An evaluation of the legislative framework for public infrastructure investment to reduce unemployment in South Africa
- Authors: Daniel, Nwabisa Nandipha
- Date: 2023-04
- Subjects: Unemployment--South Africa , unemployment Statistics
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/61086 , vital:69739
- Description: This study evaluated South Africa’s legislative framework for public infrastructure investment to determine its effectiveness in reducing unemployment. The study is primarily driven by South Africa’s persistent challenge of unemployment with Statistics South Africa estimating the unemployment rate at 35.5 per cent or 7.9 million labourers. Persistently high levels of unemployment harm the socio-economy as unemployment increases poverty and contributes to inequality. For the government an increase in expenditure on social relief programmes, while offering some relief, decreases revenue collection. In order to mitigate this imbalance, the South African government identified public infrastructure investment as a stimulus for economic growth and create employment, such as in the Expanded Public Works Programme initiative. The legislative framework is an important aspect of study as policy is legitimised and implemented through the legislative framework. Previous studies have focused on the effect of fiscal policy on economic growth and employment creation. These studies have also used quantitative data analysis to explain the relationship between fiscal policy, economic growth, and unemployment. Other studies have focused on public policy planning and implementation, and some of the policies that have been implemented to address unemployment. This study focused on public infrastructure investments specifically rather than fiscal policy in general. The study also examined the legislative framework to determine whether it is effective in reducing unemployment through public infrastructure investment. The study made used qualitative data analysis as the researcher undertook a document analysis of publicly available documents which were sampled using a purposive sampling technique and analysed using the thematic analysis method. The findings of the study were that the legislative framework supported employment creation through public infrastructure investment through the establishment of a public institution to support the construction industry, the use of local content as inputs and labour-intensive technologies in the infrastructure delivery process. The legislative framework was not effective in supporting the policy, which is demonstrated by the perpetually high unemployment rate despite unemployment alleviating initiatives being implemented in the early and mid-2000s , Thesis (MSc) -- Faculty of business and economic sciences, 2023
- Full Text:
- Date Issued: 2023-04
- Authors: Daniel, Nwabisa Nandipha
- Date: 2023-04
- Subjects: Unemployment--South Africa , unemployment Statistics
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/61086 , vital:69739
- Description: This study evaluated South Africa’s legislative framework for public infrastructure investment to determine its effectiveness in reducing unemployment. The study is primarily driven by South Africa’s persistent challenge of unemployment with Statistics South Africa estimating the unemployment rate at 35.5 per cent or 7.9 million labourers. Persistently high levels of unemployment harm the socio-economy as unemployment increases poverty and contributes to inequality. For the government an increase in expenditure on social relief programmes, while offering some relief, decreases revenue collection. In order to mitigate this imbalance, the South African government identified public infrastructure investment as a stimulus for economic growth and create employment, such as in the Expanded Public Works Programme initiative. The legislative framework is an important aspect of study as policy is legitimised and implemented through the legislative framework. Previous studies have focused on the effect of fiscal policy on economic growth and employment creation. These studies have also used quantitative data analysis to explain the relationship between fiscal policy, economic growth, and unemployment. Other studies have focused on public policy planning and implementation, and some of the policies that have been implemented to address unemployment. This study focused on public infrastructure investments specifically rather than fiscal policy in general. The study also examined the legislative framework to determine whether it is effective in reducing unemployment through public infrastructure investment. The study made used qualitative data analysis as the researcher undertook a document analysis of publicly available documents which were sampled using a purposive sampling technique and analysed using the thematic analysis method. The findings of the study were that the legislative framework supported employment creation through public infrastructure investment through the establishment of a public institution to support the construction industry, the use of local content as inputs and labour-intensive technologies in the infrastructure delivery process. The legislative framework was not effective in supporting the policy, which is demonstrated by the perpetually high unemployment rate despite unemployment alleviating initiatives being implemented in the early and mid-2000s , Thesis (MSc) -- Faculty of business and economic sciences, 2023
- Full Text:
- Date Issued: 2023-04
Influence of the jobs fund on the unemployment rate in South Africa
- Authors: Banzana, Lubabalo
- Date: 2020
- Subjects: Unemployment--South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/47508 , vital:40119
- Description: Since the dawn of its democracy, South Africa has experienced multiple changes in its key economic policy. These changes were meant to address the poverty, inequality, and unemployment in the country. The post-1994 years have seen economic policies change from the Reconstruction and Development Programme (RDP) in 1994 to the Growth, Employment and Redistribution framework (GEAR) in 1996. Then came the Accelerated and Shared Growth Initiative for South Africa (AsgiSA) in 2006 and, most recently, the New Growth Path (NGP) and the National Development Plan (NDP) in 2010 and 2013, respectively (Chibba and Luiz, 2011). Despite numerous efforts made to change economic policy throughout the years, South Africa is still faced with the challenge of a high unemployment rate. To manage this issue, the South African government has introduced several interventions, such as the creation of a Jobs Fund in 2011, which meant that an initial investment amount of R9 billion was contributed by the government towards the attainment of its objectives. The research methodology used in this study was quantitative and, more specifically, based on the descriptive method of research.The primary objective of the research was to investigate the influence and effectiveness of the Jobs Fund through its job creation and skills development initiatives that were mechanisms to reduce the unemployment rate. The research aimed to assess the success of the Fund thus far in providing funding towards sustainable job creation and long-term employment. In addition, the study analysed the Fund’s influence in reducing in unemployment. In answering the primary objective of the research, it was not entirely possible to measure the influence of the Jobs Fund on the unemployment rate in South Africa, as other key factors need to be taken into consideration when making such an assessment. This is highlighted by the fact that, even though close to R7 billion has already gradually been committed to job creation activities by the government since 2011, the unemployment rate has continued to grow. Therefore, a study of the influence of the Jobs Fund on the unemployment rate would need take into consideration other key factors that influence unemployment.
- Full Text:
- Date Issued: 2020
- Authors: Banzana, Lubabalo
- Date: 2020
- Subjects: Unemployment--South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/47508 , vital:40119
- Description: Since the dawn of its democracy, South Africa has experienced multiple changes in its key economic policy. These changes were meant to address the poverty, inequality, and unemployment in the country. The post-1994 years have seen economic policies change from the Reconstruction and Development Programme (RDP) in 1994 to the Growth, Employment and Redistribution framework (GEAR) in 1996. Then came the Accelerated and Shared Growth Initiative for South Africa (AsgiSA) in 2006 and, most recently, the New Growth Path (NGP) and the National Development Plan (NDP) in 2010 and 2013, respectively (Chibba and Luiz, 2011). Despite numerous efforts made to change economic policy throughout the years, South Africa is still faced with the challenge of a high unemployment rate. To manage this issue, the South African government has introduced several interventions, such as the creation of a Jobs Fund in 2011, which meant that an initial investment amount of R9 billion was contributed by the government towards the attainment of its objectives. The research methodology used in this study was quantitative and, more specifically, based on the descriptive method of research.The primary objective of the research was to investigate the influence and effectiveness of the Jobs Fund through its job creation and skills development initiatives that were mechanisms to reduce the unemployment rate. The research aimed to assess the success of the Fund thus far in providing funding towards sustainable job creation and long-term employment. In addition, the study analysed the Fund’s influence in reducing in unemployment. In answering the primary objective of the research, it was not entirely possible to measure the influence of the Jobs Fund on the unemployment rate in South Africa, as other key factors need to be taken into consideration when making such an assessment. This is highlighted by the fact that, even though close to R7 billion has already gradually been committed to job creation activities by the government since 2011, the unemployment rate has continued to grow. Therefore, a study of the influence of the Jobs Fund on the unemployment rate would need take into consideration other key factors that influence unemployment.
- Full Text:
- Date Issued: 2020
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