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Econ3x3

Reservation wages found in surveys can be very misleading

12th September 2017 The responses of unemployed workers to the typical survey question about their ‘lowest acceptable wages’ are susceptible to error and... 

Land and property rights: 'title deeds as usual' won’t work

25th August 2017 Renewed emphasis in policy discourses on systematic land titling to solve insecure tenure in South Africa is understandable. A staggering two... 

The Transkei Wild Coast: still waiting for something to happen

12th July 2017 The Wild Coast, in the former Transkei Bantustan, is characterised by natural beauty and great poverty. Since 1994 rural land administration has... 

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Technology and minimum wages are likely to change the mix of capital and labour in industry

20th June 2017 While technology is making capital cheaper, policies like the national minimum wage will make labour more expensive. What does this mean for the... 

A job in the informal sector reduces poverty about as much as a job in the formal sector

30th May 2017 In the aggregate, earnings from jobs in the informal sector play a small role in reducing national poverty rates, especially because there are... 

‘You can’t bite the hand that feeds you’: Contracts between SME suppliers and the large supermarkets

10th May 2017 This article examines the implications of the contracts between the four main South African supermarkets and their SME suppliers. Supermarkets’... 

Innovative joint ventures can boost agricultural production and promote agrarian transformation

19th April 2017 Growing agriculture can reduce poverty, create economic opportunities in rural and peri-urban areas, and boost employment, particularly for semi-... 

What makes the rand so volatile: global or home-made factors?

30th March 2017 Exchange-rate volatility can complicate decisions concerning trade and investment and constrain a country’s economic growth. Understanding what... 

Could informal enterprises stimulate township economies? A study of two Midrand townships

1st March 2017 Informal enterprises are perceived to lack the necessary business and economic fundamentals to stimulate their local economies. However, informal... 

Factors contributing to the demise of informal enterprises: evidence from a Cape township

17th January 2017 The reasons for the closure of fairly well-established informal enterprises are varied. Between 2010 and 2015, in the Cape Flats township of Delft... 

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