Issues in South African Social Security
Stellenbosch Working Paper Series No. WP01/2002Publication date: 2002
Author(s):
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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26 Apr 2024The most anticipated data release of the week was yesterday's US GDP print, which created more turmoil than usual by not meeting expectations. Growth was much weaker than expected in Q1, while price pressure remained red hot. Meanwhile, the local data calendar was quiet, with a slight acceleration in factory gate inflation and a welcome uptick in the...
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