An Assessment of the Investment Climate in South Africa is popular PDF and ePub book, written by Vijaya Ramachandran in 2007-05-10, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, An Assessment of the Investment Climate in South Africa can be Read Online from any device for your convenience.
An Assessment of the Investment Climate in South Africa Book PDF Summary
Most aspects of South Africa's investment climate the location-specific factors that shape opportunities and incentives for firms to invest productively, create jobs, and grow are favorable. The majority of large, registered firms believe that the legal system is able to protect their property rights. Infrastructure is reliable. Tax rates are relatively low. The burden of regulation is comparable to other middle-income countrries. Few firms pay bribes. And most firms have adequate access to credit. In many dimensions, South Africa has a good investment climate. Consistent with this, large South African firms are very productive. Labor productivity is far higher than in the most productive low-income countries in Sub-Saharan Africa and compares favorably with other middle-income countries such as Brazil, Lithuania, Malaysia, and Poland. And although labor productivity in South Africa is slightly lower than in the most productive cities in China, it is over three times higher than in China as a whole. So, why hasn't South Africa been growing faster? As this title explores, while the investment climate is generally favorable, some problems remain. Firms appear to be particularly concerned about four areas: difficulty hiring skilled and educated workers, rigid labor regulations, exchange rate instability, and crime. Using rigorous statistical information on these and related topics, the book aims to assist policy makers and private sector stakeholders in developing reforms that will improve firm performance and growth.
Detail Book of An Assessment of the Investment Climate in South Africa PDF
- Author : Vijaya Ramachandran
- Release : 10 May 2007
- Publisher : World Bank Publications
- ISBN : 9780821368992
- Genre : Business & Economics
- Total Page : 161 pages
- Language : English
- PDF File Size : 12,7 Mb
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