As the 2007 German G8 summit approaches, the demands of the millions of anti-poverty campaigners worldwide are clear. G8 leaders must increase and improve aid to provide health, education, water and sanitation for all. They must cancel more debt and deliver trade justice. Where action has been taken by G8 countries, lives are being saved. Yet despite some areas of real progress, in the past two years overall progress has fallen far short of promises. The cost of this inaction is millions of lives lost due to poverty. G8 countries must meet their promises to the world.
Why Has Unemployment Risen In The New South Africa
The paper discusses the rise in unemployment in South Africa since the transition in 1994. It describes the likely causes of this increase and analyze whether the increase in unemployment is due to structural changes in the economy (resulting in a new equilibrium unemployment rate) or to negative shocks (that temporarily have increased unemployment). The analysis includes a multinomial logit approach to understanding transitions in individual-level changes in labor market status using the first nationally representative panel in South Africa.
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