Publication:
South Africa Policy Package, Priority 4: Injecting Dynamism into the Private Sector

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dc.contributor.authorKuriakose, Smita
dc.contributor.authorMorisset, Jacques
dc.contributor.authorBaez, Javier
dc.date.accessioned2025-02-26T14:51:20Z
dc.date.available2025-02-26T14:51:20Z
dc.date.issued2025-02-14
dc.description.abstractThe new political context emerging from the May 2024 elections provides a unique opportunity for South Africa. The alignment of economic and political incentives, in the sense that improving the economy is essential for gaining political power, offers a platform to launch a decisive transformation process, even if there is not yet an agreement on which economic reforms to implement. Such alignment was key behind the successful economic transformation of China in the early 1980s, Vietnam in the late 1980s and 1990s, Poland in the 2010s, and India in the early 2020s. Those successes were anchored on a development bargain, whereby the country’s elites shifted from protecting their own positions to gambling on a growth-based future. This report offers pragmatic policy options, tailored for South African policymakers who want to obtain short-term results, while creating momentum for structural reforms, resume growth, and improve the overall welfare of their citizens, especially the most disadvantaged.en
dc.identifierhttp://documents.worldbank.org/curated/en/099021725123027665/P1800691a3989c0521931a1524ed03afbb3
dc.identifier.doi10.1596/42865
dc.identifier.urihttps://hdl.handle.net/10986/42865
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC REFORMS
dc.subjectWELFARE IMPROVEMENT
dc.subjectSTRONG INSTITUTIONS
dc.subjectPOLITICAL POWER
dc.titleSouth Africa Policy Package, Priority 4en
dc.title.subtitleInjecting Dynamism into the Private Sectoren
dc.typePolicy Note
dspace.entity.typePublication
okr.date.disclosure2025-02-26
okr.date.doiregistration2025-04-14T11:50:09.041700Z
okr.date.lastmodified2025-02-19T00:00:00Zen
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099021725123027665/P1800691a3989c0521931a1524ed03afbb3
okr.guid099021725123027665
okr.identifier.docmidP180069-a3989c42-5501-4b52-931a-524ed03afbb3
okr.identifier.externaldocumentum34457343
okr.identifier.internaldocumentum34457343
okr.identifier.report197420
okr.import.id6698
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099021725123027665/pdf/P1800691a3989c0521931a1524ed03afbb3.pdfen
okr.region.administrativeAfrica Eastern and Southern (AFE)
okr.region.countrySouth Africa
okr.sectorFY17 - Central Government (Central Agencies)
okr.themeInclusive Growth,Mitigation,Entrepreneurship,Job Creation,Gender,Human Development and Gender,Economic Policy,Economic Growth and Planning,Environment and Natural Resource Management,Enterprise Development,Private Sector Development,Labor Market Policy and Programs,Climate change,Jobs,Adaptation,Macroeconomic & Structural Policy Modelling,Labor Market Institutions,Structural Transformation and Economic Diversification
okr.topicGovernance::Governance and the Financial Sector
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicSocial Protections and Labor::Social Protections & Assistance
okr.unitEFI-AFR1-MTI-MacroFiscal-2 (EAEM2)
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