What can South Africa do now to improve the countrys economi…

Write an essay of 2500 words (around 8 pages)

on your own

,

i.e.

as an

individual

.

Taking cognisance of what you have learnt

/are learning

in Units 1,

2 and 3,

and reflecting on President

Ramaphosas S

ONA

address,

d

iscuss how the various role players in the economy can

each

make a

contribution in the next 5 years t

hat will

effectively overcome the inherent structural issues facing the

SA economy (slow economic growth, labour market rigidity and high unemployment rates, low quality

of education, infrastructural backlogs, crime and corruption) and

place it in a better position to

attract

investment

and

to

ensure

the

SA economy

is

able

to start achieving

the following:

–

reliable growth figures of

around

5% pa

;

–

full

employment

;

-environment

in terms of training, preparation and resources

(especially capital)

that will

promote

entrepreneurial skills

and

spirit

, and

, finally,

promote industries in which we have a comparative

advantage, one of which might be

to

add value to

the

raw materials

that are

mostly

export

ed

to other

nations

and

who

currently

benefit from

do

ing

just that

.

T

here are numerous articles and opinions available that you can

source

.

I have posted

a

few

of these

on B

B

as a guide

. Please dont feel limited

to

these ideas

only

but please ensure any other resources

you might use/consult are fairly current

.

The SA

Ec

onomy is dynamic and thus going through changes

continuously, e.g. consulting an article from a year or two ago will

not

be suitable/acceptable.

I am

looking for originality

as well

,

and you will be rewarded

if you provide your own original ideas

.

It is important to give due consideration to the structure of your essay

, i.e.

introduction, body with

your

discussion

, conclusion, and then, finally and very importantly, a comprehensive list of references

(please use an accepted

system

of referencing

like the Harvard

Referencing System

)

.

Y

ou might like to

consider

a

structure

similar to the following

:

–

Introduction

–

The various stakeholders/role players

–

Structural issues facing the SA economy

–

Economic goals necessary to achieve long

–

term growth

–

Various sources of capital

that

might be

available

–

Strategy necessary to achieve the

proposed

goals

–

The

potential outcome

for the SA economy and its people

if successfully implemented

–

Conclusion

–

References

A

a

stronger currency with

low

er

interest

and

inflation rates

that are

comparable

with

competing

nations

.

In your discussion

you might like to also consider the importance of

SA

s ability to

compet

e

internationally

,

reduc

e

consumption

and

increas

e

savings

and

investment

,

provid

e

the

right

environment

in terms of training, preparation and resources

(especially capital)

that will

promote

entrepreneurial skills

and

spirit

, and

, finally,

promote industries in which we have a comparative

advantage, one of which might be

to

add value to

the

raw materials

that are

mostly

export

ed

to other

nations

and

who

currently

benefit from

do

ing

just that

.

T

here are numerous articles and opinions available that you can

source

.

I have posted

a

few

of these

on B

B

as a guide

. Please dont feel limited

to

these ideas

only

but please ensure any other resources

you might use/consult are fairly current

.

The SA

Ec

onomy is dynamic and thus going through changes

continuously, e.g. consulting an article from a year or two ago will

not

be suitable/acceptable.

I am

looking for originality

as well

,

and you will be rewarded

if you provide your own original ideas

.

It is important to give due consideration to the structure of your essay

, i.e.

introduction, body with

your

discussion

, conclusion, and then, finally and very importantly, a comprehensive list of references

(please use an accepted

system

of referencing

like the Harvard

Referencing System

)

.

Y

ou might like to

consider

a

structure

similar to the following

:

–

Introduction

–

The various stakeholders/role players

–

Structural issues facing the SA economy

–

Economic goals necessary to achieve long

–

term growth

–

Various sources of capital

that

might be

available

–

Strategy necessary to achieve the

proposed

goals

–

The

potential outcome

for the SA economy and its people

if successfully implemented

–

Conclusion

–

References