Evaluating the feasibility of South Africa’s approach to just transitions.
Nyoni, Gugulethu
Nyoni, Gugulethu
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Abstract
Since the dawn of democracy in 1994, South Africa's democratic government has been on a drive to foster economic growth, development and transformation (RSA, 2019). However, the prospect to attain these ideals has remained elusive as the country has been unable to substantively dismantle the triple threats of poverty, inequality and unemployment as evinced by high Gini Coefficient metric which casts South Africa as one of the most unequal societies in the world. The Gini coefficient is a metric which quantifies the amount of inequality that exists in a population, where zero (0) stands for equality and one (1) represents extreme inequality (OECD, 2017). South Africa recorded Gini Coefficients of 0.67 in 2006 and 0.65 in 2015 (Stas SA, 2020).
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Submitted to the Faculty of Economics and Finance for the degree
Master's Dissertation (Master of Economics) in Comparative Local Development
in the Faculty of Economics and Finance at the Tshwane University of Technology
Date
2024-07-26
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Tshwane University of Technology
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Keywords
Poverty, Inequality, Unemployment, Transition, South Africa