Place matters: national prosperity depends on every region performing better

OUTPUT TYPE: Policy briefs
PUBLICATION YEAR: 2022
TITLE AUTHOR(S): J.Visagie, I.Turok
KEYWORDS: DEVELOPMENT, ECONOMIC PERFORMANCE
DEPARTMENT: Inclusive Economic Development (IED)
Print: HSRC Library: shelf number 9812234
HANDLE: 20.500.11910/19268
URI: http://hdl.handle.net/20.500.11910/19268

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Abstract

The poor national performance of the South African economy has been widely analysed, but this disguises considerable variation in economic performance between sectors and regions. Raising production in lagging provinces to the level of the best performers could boost national output and income considerably. This depends on a deeper understanding of national industry trends together with place-based dynamics.