Productivity Ecosystems for Decent Work South Africa

Aspyee Admin
Resource
Productivity Ecosystems for Decent Work South Africa
Image
Productivity Ecosystems for Decent Work South Africa

Across the world, a long-term trend of falling productivity growth rates is posing challenges for policymakers. Why does it matter to South Africa today? Greater productivity is: 

  1. A primary determinant of wage growth and therefore living standards; 
  2. A key element to ensure the sustainability of local businesses; 
  3. Contributes to revenue growth of national and sub-national government; 
  4. Both a pre-requisite for and a result of decent working conditions.