The Triple Threat, as it is referred to in South African policy circles, remains a key policy priority for the government; namely, inequality, poverty and unemployment. The latter – unemployment – was 27.2% in the second quarter of 2018 and at such high rates, it is a critical development issue in contemporary South Africa.
Migration and Remittances
For the past few years, I have been fortunate enough to be the World Bank’s resident economist for Mauritius and Seychelles. With this now coming to an end, here are some especially striking impressions of these countries’ successes and challenges that I hope can provide food for thought more widely.
Countries coming out of crises undergo rapid structural changes, including migration and big economic shifts. This can complicate the measurement of their progress, sometimes in unexpected ways, as we found out recently in Sierra Leone.