Alleviating Unemployment in South Africa: Harnessing Comparative Advantage in the Services Sector
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Abstract
This article reviews the trajectory of employment in South Africa before and during the Covid-19 pandemic and lockdowns. Thereafter, we propose measures for the alleviation of unemployment through the development of a comparative advantage in services as a response to the environment created by existing policies and multiple crises. The policy is the best response to the consequences of existing measures in place. Threats – in the form of the pandemic, advances in Fourth Industrial Revolution (4IR) technologies, online retail, and the July 2021 lootings – present the need for strategic investment and further protections for this sector.
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Alleviating Unemployment in South Africa: Harnessing Comparative Advantage in the Services Sector. (2021). The Thinker, 88(3), 18-30. https://doi.org/10.36615/thethinker.v88i3.599