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What explains the surge in FDI inflows?

Unprecedented short-term foreign portfolio investments are entirely responsible for the surge Total foreign direct investment (FDI) inflow in 2020-21 is $81.7 billion, up 10% over the previous year, reported a recent Ministry of Commerce and Industry press release. It further added, “Measures taken by the Government on the fronts of Foreign Direct Investment (FDI) policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country.” Th...
Commerce Ministry Ministry Of Commerce Centre For Development Foreign Direct Investment Reserve Bank Visiting Professor

South Africa's rigid policy on immigration of skilled...

Ann Bernstein is head of the Centre for Development and Enterprise. A constant theme in economic policy reviews over the past two decades has been that South Africa’s growth prospects are constrained by skills shortages. This has two implications: we need to improve our education and skills systems, and we should be far more open to skilled migration. The 2017 White Paper on Migration frankly acknowledged that “the economy is desperately short of skills” and that “South Africa has not p...
South Africa South Africans Ann Bernstein Cyril Ramaphosa Home Affairs Department Of Home Affairs

South Africa's rigid policy on immigration of skilled people is hard to fathom

It is hard to understand why South Africa, a country with a massive skills shortage, wastes money and time trying to work out what highly specific skills to let in. An abundance of skills is vital for innovation, economic growth and job creation. The more skills an economy can access, the bigger and more resilient it will be.
South Africa South Africans Ann Bernstein Cyril Ramaphosa Home Affairs Department Of Home Affairs
Source: msn.com

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A collage of laws that leaves the worker out in the cold

A collage of laws that leaves the worker out in the cold Updated: Updated: May 20, 2021 00:39 IST The universalisation of social security remains an unfulfilled aspiration in the new code on social security Share Article AAA The universalisation of social security remains an unfulfilled aspiration in the new code on social security As COVID-19 destroys lives and livelihoods, an unprepared government has rendered low-paid, informal workers, who constitute 91% of the workforce, totally hapless,...
Santosh Mehrotra Uk Kingshuk Sarkar University Of Bath Employee Provident Fund Scheme Provident Fund Centre For Development

Why Western-style plastic bans aren't working in Africa — Quartz Africa

May 16, 2021 An insufficient supply of potable water in many countries, mostly in Sub-Saharan Africa, has given rise to a new plastics economy driven by the increasing popularity of water sachets. More than 30 of Africa’s 54 countries have progressively adopted anti-plastic bag policies since 2000. But experts claim the effects remain insignificant, considering the persistent use of plastic products such as water sachets across much of Africa, and the disregard for the numerous threats they p...
Democratic Republic Of The Congo South Africa Dar Es Salaam Coted Ivoire Gentiny Ngobila Maxime Kouadio
Source: qz.com

Why Western-style plastic bans aren't working in Africa

Why Western-style plastic bans arent working in Africa Quartz 3 hrs ago © Provided by Quartz A street vendor carries a basin filled with water sachets in Dakar. An insufficient supply of potable water in many countries, mostly in Sub-Saharan Africa, has given rise to a new plastics economy driven by the increasing popularity of water sachets. More than 30 of Africa’s 54 countries have progressively adopted anti-plastic bag policies since 2000. But experts claim the effects remain insigni...
Democratic Republic Of The Congo South Africa Dar Es Salaam Coted Ivoire Abuja Federal Capital Territory Gentiny Ngobila
Source: msn.com

Financial discipline is must: Ex-Kerala Min Isaac

Financial discipline is must: Ex-Kerala Min Isaac ​ By IANS | Published on ​ Wed, May 12 2021 9:27 IST | ​ 9 Views Kerala is financially broke: Thomas Isaac. Image Source: IANS News Thiruvananthapuram, May 12 : Outgoing Finance Minister Thomas Isaac is pretty confident that the state of finances in Kerala is in perfect condition and for the coming one year one needs to have no worries of it. Sixty-eight-year-old Issac, got a jolt when his party-CPI-M, where the last word these days a...
Pinarayi Vijayan Thomas Isaac Centre For Development Outgoing Finance Minister Thomas Isaac Chief Minister Pinarayi Vijayan Development Studies

What if South Africa had a special economic zone that was actually special?

What if South Africa had a special economic zone that was actually special? Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by 1.41 MB Sponsored by A new report by the Centre for Development and Enterprise (CDE) has c...
Eastern Cape South Africa South African Deng Xiaoping Paul Romer Ann Bernstein

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