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According to the United Nations Development Program (UNDP) and the United Nations Conference on Trade and Development (UNCTAD), the private sector plays a key role in achieving the UN Sustainable Development Goals (SDGs). After all, sustainable and inclusive economic growth is essential to enable more people to participate in global prosperity. Encouraging entrepreneurship and job creation are key to SDG 8, as are effective measures to eradicate forced labor, slavery, and human trafficking. Since more than 90 percent of jobs are created by the private sector, more attention must be paid to entrepreneurs that help create dynamic and responsible enterprises that often generate positive externalities for society and the environment through investments in scalable innovations and a commitment to local embeddedness. As such, they help lift people out of poverty through new and relatively well-paid jobs and enable local economies to become more sustainable through global value chain integration. Transitioning to Decent Work and Economic Growth explores the prospects for SDG 8 in the Global South as well as the Global North. It especially considers the positive role the private sector may play as an enabler of human rights, creator of decent work and engine for inclusive development in different contexts. Further, it examines how the institutional environment can facilitate economic change, which may lead to social empowerment and enhanced economic opportunities. A key question the volume explores, is how—in an entrepreneurial context—innovation and scientific knowledge contribute to the creation of scalable innovation that help to de-couple economic growth from the use of natural resources. Transitioning to Decent Work and Economic Growth is part of MDPI's new Open Access book series Transitioning to Sustainability. With this series, MDPI pursues environmentally and socially relevant research which contributes to efforts toward a sustainable world. Transitioning to Sustainability aims to add to the conversation about regional and global sustainable development according to the 17 SDGs. The book series is intended to reach beyond disciplinary, even academic boundaries. For use of the SDG logos and design, please see the according Guidelines for the use of the SDG logo, color wheel, and 17 icons.
The impact of COVID-19 on local jobs and workers dwarfs those of the 2008 global financial crisis. The 2020 edition of Job Creation and Local Economic Development considers the short-term impacts on local labour markets as well as the longer-term implications for local development.
This book presents development strategies and lessons based on a large range of 'success' countries across the developing world. In addition to the country cases, it presents regional and overall syntheses that cover orthodox vs. heterodox policies; the importance of capability, primary exports, diversification and financing; managing diversity; the role of institutions and governance; and human development. The book reveals much diversity in successful development strategies offered by the various select countries: for example, the 'disinterested-government' political economy of China; the democratically supported, high-service-sector development approach of India; the 'Washington-Consensus-based' reforms of Ghana and China; the diversification strategies of the United Arab Emirates (UAE), Bahrain and Oman; the dynamic orthodox-heterodox strategy of Malaysia and Vietnam; the effective natural-resource management of Botswana, Oman, Bahrain and the UAE; the social-sector underpinnings of development in Costa Rica and Tunisia; and the democratic political system of managing diversity in India. This refreshing approach to studying development will interest researchers, teachers, students, development practitioners and policymakers alike.
Providing an acute assessment and comprehensive interpretation of the "third way", whilst neither endorsing nor dismissing its validity, this book should be widely read by policymakers, political scientists and those with an interest in economic policy and economic analysis.
First published in 1999, the essays collected in the present volume derive from an interest in South Africa and its economy which goes back to the early 1970s and were written between 1994 and 1999. The intention is to follow how the debate on the South African economy has evolved since the fall of the apartheid regime. Issues discussed include the South African economy after apartheid and whether the new South African economy is ultimately experienced growth or stagnation.
This title was first published in 2002: Has the South African post-apartheid state been able to achieve its stated goals? What has been the relationship between the process of educational reform and the impact on the state of the Constitution and other laws? This seminal book responds to these questions by examining the development and implementation of social policy in South Africa during the first years of democratic government, particularly in relation to education. The post-apartheid state was immediately faced with a broad spectrum of political, social, economic and human rights issues. The research analyzes whether the aims and objectives of the new administration were achieved; no other single collection of research in South Africa collectively explores the issues raised in this endeavour. The book will appeal to a wide range of professionals including researchers, academics, planners, policy makers, public servants and postgraduate students.
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.