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The South African economy is growing faster—but how fast?

Marek Hanusch's picture
Construction workers. South Africa. Photo: Trevor Samson/World Bank

The South African economy has been off to a good start in 2018. Statistics SA, the country’s national statistical service, released national accounts figures with revisions that pointed to more positive momentum in the economy than previously thought. South Africa grew by 1.3% in 2017, beating the consensus estimate of economists, and the revised numbers no longer record a technical recession early in the year.

A better way to train small business owners: using psychology to teach personal initiative

David McKenzie's picture
Also available in: Français



Billions of US dollars have been spent—by governments, microfinance organizations, and NGOs—on training the owners of small businesses. Traditional programs typically aim to teach practices such as record-keeping, stock control, and simple marketing. But while these do seem to improve the performance of small businesses, most result in little real change, making the impact hard to detect.

Optimiser la formation des petits entrepreneurs, ou comment la psychologie peut développer le sens de l’initiative

David McKenzie's picture
Also available in: English



Gouvernements, institutions de microfinance, ONG ont dépensé des milliards de dollars pour former les petits entrepreneurs. Les programmes de formation classiques visent en général à améliorer les pratiques professionnelles des chefs d’entreprise, en privilégiant la tenue des registres, le contrôle des stocks ou la commercialisation des produits. Mais si le recours plus systématique à ces outils semble améliorer la performance des entreprises (a), la plupart des tentatives de formation des entrepreneurs n’induisent qu’une évolution marginale des pratiques (a), ce qui empêche d’apprécier leur impact véritable sur les résultats commerciaux. Lorsque nous avons été sollicités, fin 2012, pour mettre au point une évaluation de l’impact d’un programme de formation déployé au Togo dans le cadre d’un prêt de la Banque mondiale, nous avons donc suggéré de comparer l’efficacité du programme envisagé (le Business Edge (a) de la Société financière internationale [IFC]) à une approche alternative.

Africa Impact Evaluation Podcast: Economic Empowerment of Young Women in Africa #AfricaBigIdeas


When it comes to helping young women in Africa with both economic and social opportunity, what does the evidence tell us?  Broadcaster Georges Collinet sat down with researchers and policymakers to discuss the hard evidence behind two programs that have succeeded in giving girls a better chance at getting started in their adult lives.