Globalisation, economic growth and employment creation in South Africa

Abstract

Saved in:
Bibliographic Details
Main Authors: Mapuva, Jephias, Muyengwa-Mapuva, Loveness
Format: Article
Language:English
Published: IISTE 2016
Subjects:
Online Access:http://www.iiste.org/Journals/index.php/JCSD/article/view/24235
http://hdl.handle.net/11408/1717
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1779905636270604288
author Mapuva, Jephias
Muyengwa-Mapuva, Loveness
author_facet Mapuva, Jephias
Muyengwa-Mapuva, Loveness
author_sort Mapuva, Jephias
collection DSpace
description Abstract
format Article
id ir-11408-1717
institution My University
language English
publishDate 2016
publisher IISTE
record_format dspace
spelling ir-11408-17172022-06-27T13:49:06Z Globalisation, economic growth and employment creation in South Africa Mapuva, Jephias Muyengwa-Mapuva, Loveness Globalization, Economic Growth, Development, Employment, Developing Countries, South Africa, Abstract Globalization has become a major topic of discussion and concern in economic circles since the mid- 1990s as it became increasingly clear that the trend toward more integrated world markets has opened a wide potential for greater growth, and presents an unparalleled opportunity for developing countries to raise their living standards (Ouattara, 1997). However challenges emanating from the colonial past have come to haunt the post-colonial state as globalization has become increasing the determinant of national economies. As a result globalisation has become a development which countries have found inevitable. South Africa, a member of the global community and an economic giant on its own, has not been spared by globalization. Economic, political, and social developments in other parts of the world have impacted on South Africa’s propensity to provide viable economic benefits for its citizens (Mapuva, 2010:390). This paper looks at the challenges that developing countries are experiencing as a result of globalization in which nations have become recipients of global economic policies and not equal partners in the formulation of the said economic policies. This has impacted negatively on the economies of developing states as they grapple with shrinking job markets and deteriorating working and living standers for the populations. 2016-07-25T07:42:16Z 2016-07-25T07:42:16Z 2015 Article 2422-8400 http://www.iiste.org/Journals/index.php/JCSD/article/view/24235 http://hdl.handle.net/11408/1717 en Journal of Culture, Society and Development;Vol. 9 open IISTE
spellingShingle Globalization, Economic Growth, Development, Employment, Developing Countries, South Africa,
Mapuva, Jephias
Muyengwa-Mapuva, Loveness
Globalisation, economic growth and employment creation in South Africa
title Globalisation, economic growth and employment creation in South Africa
title_full Globalisation, economic growth and employment creation in South Africa
title_fullStr Globalisation, economic growth and employment creation in South Africa
title_full_unstemmed Globalisation, economic growth and employment creation in South Africa
title_short Globalisation, economic growth and employment creation in South Africa
title_sort globalisation, economic growth and employment creation in south africa
topic Globalization, Economic Growth, Development, Employment, Developing Countries, South Africa,
url http://www.iiste.org/Journals/index.php/JCSD/article/view/24235
http://hdl.handle.net/11408/1717
work_keys_str_mv AT mapuvajephias globalisationeconomicgrowthandemploymentcreationinsouthafrica
AT muyengwamapuvaloveness globalisationeconomicgrowthandemploymentcreationinsouthafrica