Issues in South African Social Security

Stellenbosch Working Paper Series No. WP01/2002
 
Publication date: 2002
 
Author(s):
[protected email address] (Department of Economics, Stellenbosch University)
 
Abstract:

This paper, originally written at the time of the political transition, provides an overview of social security issues at that time. A sustained improvement in the living standards of the poor requires economic growth and investment in human capital to allow the poor to benefit from that growth, but a social safety net is also necessary for those who do not yet share in those benefits and to safeguard those who do against contingencies such as unemployment, old age and illness. In South African, too little attention was paid by social scientists to social security issues before the political transition, with regard to both social assistance and social (occupational) insurance and the link between them.

 
JEL Classification:

I38, H53

Keywords:

social security, South Africa

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BER Weekly

13 September 2021
It was a data-heavy week in SA, with the 2021Q2 real GDP data indicating that the economy had better-than-expected recovery momentum in the first half of the year. While growth remained solid in the second quarter, both the survey and actual data released last week revealed the significant impact that the range of shocks at the start of the third quarter...

Read the full issue