04 Nov 2023
Aspyee Admin
Resource
Productivity Ecosystems for Decent Work South Africa
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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:
- A primary determinant of wage growth and therefore living standards;
- A key element to ensure the sustainability of local businesses;
- Contributes to revenue growth of national and sub-national government;
- Both a pre-requisite for and a result of decent working conditions.