How Does Digital Economy Affect Development In Africa
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The Digital Divide: Employment and Development Implications
the Digital Revolution and the Internet. The argument propounded by the second book, that excessive reliance on the information economy (equated uniquely with the knowledge-based service sector) in the United States as the engine of growth could lead to an overall economic decline, does not explic-
Business impact survey of the COVID-19 pandemic in South Africa
Private Bag X44, Pretoria, 0001, South Africa, ISIbalo House, Koch Street, Salvokop, Pretoria, 0002 www.statssa.gov.za, [email protected], Tel +27 12 310 8911 Business impact survey of the COVID-19 pandemic in South Africa Embargoed until: 21 April 2020 10:00 Enquiries: Krisseelan Govinden Tel: 082 901 7960 Email: [email protected]
POVERTY, INEQUALITY AND THE NATURE OF ECONOMIC GROWTH IN
fact that the economy recorded one of its longest periods of positive economic growth in the country s history. One of the more vexing issues within the economic policy terrain in post-apartheid South Africa though, has been the impact of this consistently positive growth performance on social welfare.
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How has MultiChoice Africa Affected the Way People View
South Africa is the only country in Africa that has a formal system of developing, patenting and then marking its creative ideas to the rest of Africa. By understanding the history of South African media and learning about Multichoice Africa, it is clear that South Africa and Multichoice Africa have an impact on the way people from other
INVESTING IN HEALTH FOR ECONOMIC DEVELOPMENT
One of the assumptions of this Report is that development and per capita income levels in Mexico are high enough to potentially ensure proper health levels for the entire population. Mexico is a relatively rich country compared to countries in Africa, Asia and other parts of Latin America. Nevertheless, there are areas in the country
DIGITAL ECOSYSTEM COUNTRY ASSESSMENT (DECA) Kenya
of development goals. It does not aim to evaluate the efficacy of existing program portfolios, nor do a deep dive on digital technology across each development sector. This report summarizes findings from the DECA pilot in Kenya, which was conducted between November 2019 and April 2020.
A Cashless Society in Africa - Institute and Faculty of Actuaries
Africa seems to face some issues that are more of an issue to overcome than other countries and regions in the world. Cashless adoption is heavily influenced by the role cash plays in Africa by funding illicit activities, i.e. the shadow economy. When there are large amounts of cash in
AFRICA S INFRASTRUCTURE: GREAT POTENTIAL BUT LITTLE IMPACT ON
Africa to achieve the Sustainable Development Goals(SDGs) of the United Nations (UN), Agenda 2063 of the African Union (AU), and the High Five Goals of the African Development Bank (AfDB). It is needed for raising economic productivity and sustaining economic growth. Good infrastructure has an impact on growth directly and indirectly.
BRIDGING THE DIGITAL GENDER DIVIDE - OECD
This report of the Organisation for Economic Co-operation and Development has been prepared at the request of the Australian government. It aims to further strengthen the evidence base in support of G20 Digital Economy Task Force discussions on the equitable participation of women in the digital economy.
How changes in technology and automation will affect the
How will changes in technology and automation affect the labour market in Africa? Contents 1. Overview 2. The risk of automation of jobs 3. Collar-blind technological advances 4. Rising inequality 5. Pace of technological change 6. Impact of automation on offshoring to low cost regions 7. Education 8. The Future Economy 9. References 1
SUSTAINABLE DEVELOPMENT GOAL In SOUTH AFRICA
The National Development Plan (NDP): Vision 2030 Ourfuture, make it work, was adopted in 2012, as South Africa`s development lodestar and roadmap. It predated the 2015 adoption of the United Nations 2030 Agenda for Sustainable Development and the AU sAgenda 2063 - TheAfrica we want
Digital Commerce Youth Employment in Africa
What is digital commerce and how is it relevant for Africa? Digital commerce is a broad term referring to the sale of goods and services online. It encompasses all forms of e-commerce or digital trade, as well as the gig or sharing economy. Digital commerce is still nascent acr oss
Fintech Scoping in South Africa - National Treasury
Supporting the development of fintechs provides an opportunity not only to solve for payment, credit and remittance problems, but also provide accessible and appropriate financial products such as investments, savings and insurance at scale. South Africa s financial services sector is internationally recognised as one of the most sophisticated.
How the COVID- 19 crisis may affect electronic payments in Africa
governments, development organizations, and the private sector to work together to speed up digital adoption to support public health in the short term and strengthen the African payments landscape for long-term sustainability. Beyond the immediate concerns of securing the health and safety of Africa s citizens, a key focus
The Digital Divide and Its Impact on Academic Performance
status may affect one s future career opportunities. Implications for future research and practice are also discussed in this article. Keywords: digital divide , learning outcome , academic performance, education, information techn ology Introduction This article addresses issues of the digital divide in technology use and its impact on
Will Digital Technologies Transform Agriculture in Developing
country s business regulations, skills development systems, and public sector governance. Drawing on the lessons from the World Development Report 2016 (WDR), this paper provides a brief review of the impact of new digital technologies on development in the rural sector of developing countries.
THE IMPACT OF TAXATION ON THE DIGITAL ECONOMY
Corporate tax rate in an open economy causes a net capital outflow and a reduction in gross fixed capital formation, when controlling for economic development, unemployment and currency fluctuations Taxes can also affect the incentives of a company to make investments and reduce the supply of funds available to finance them
THE STATE OF ICT IN SOUTH AFRICA
economy and society. The National Development Plan (2011: 2) provides a framework in which to realise South Africa s vision that by 2030 a widespread broadband communication system will underpin a dynamic and connected vibrant information society and a knowledge economy that is more inclusive, equitable and prosperous. Yet,
Women and Development in Africa: From Marginalization to
Furthermore, in order to address the conditions peculiar to Africa that affect women status and roles, the following observations must be made. First, the overall economic and political problems of Africa make life difficult for most African men as well as women. Inequality, oppression, poverty, and lack ofopportunityare widespreadsocietalconcerns.
Impact of Tax Administration on Government Revenue in a
revenue generation and that has negative effect on the economy. Very low tax may impact on education as a larger population will prefer to work than school but a very high tax might reduce productivity as people would prefer longer leisure hours. This does not enhance economic development. Laffer (2009) cautioned that A
Economic Development in Africa Report 2020 - Ch
Economic Development in Africa Report 2020 182 $836 billion or 2.6 per cent of GDP. In terms of capital flight, the largest positive absolute outliers are Nigeria ($41 billion), Egypt ($17.5 billion) and South Africa ($14.1 billion), on average, during 2013 2015. IFFs are negatively associated with target 8.2, on achieving higher levels of
Multifaceted challenges of digital taxation in Africa
Policy Brief 7 November 2020: South Africa 3 The global (digital) tax system reset is it really inclusive? The Organisation for Economic Co-operation and Development (OECD) and the Group of Twenty (G20) have co-ordinated an ambitious plan to overhaul the international tax system, now referred to as BEPS 2.0
Does Law Matter for Economic Development? Evidence From East
830 Does Law Matter for Economic Development? turned their attention elsewhere. However, new theoretical de- velopments, as well as the lingering importance of the underly- ing questions, have given momentum to a new wave of law and development activities on a far larger scale than ever before (de- Lisle 1999).
Bridging the urban-rural digital divide and mobilizing
3 Figure 1, taken from Finance and Development (2018), the Internet, especially broadband access, is inversely related to cost as a percent of gross national income (GNI).
Innovation as a New Driver of Growth in Africa
and informal economy. For example, the informal economy in Nigeria is estimated to be as large as 75% of the formal economy. This is almost as big as South Africa s GDP. If large informal sectors across the continent could be formalised through innovations such as electronic payments, the derived positive economic externalities
SOUTH AFRICA ECONOMIC UPDATE - World Bank
Box 1.1: The impact of global monetary conditions on South Africa 5 Box 1.2: The exchange rate and South Africa s integration into the global economy 18 Box 2.1: Building assets for the poor through the pension system 32 Box 2.2: Inequalities and political rights demand larger governments in Sub-Saharan Africa 33
The Impact of Research and Development on Economic Growth and
entrepreneurship can greatly affect the relationships between R&D, innovation, and growth. Given the great importance of R&D for development in the long run, this study attempts to quantify the effects that R&D spending has on economic growth and productivity.
Industrialization and Growth in Digital Age: Disruptions and
Africa Anita Prakash (Economic Research Institute for ASEAN and East Asia) Submitted on March 15, 2019 Revised on March 31, 2019 Abstract Digital economy will affect the patterns and geographical location of industries, employment and economic growth. Structural transformation and employment generation policies in
SOCIO-ECONOMIC INDICATORS OF DEVELOPMENT PROGRESS WITHIN THE
Co-orporation and Development (OECD)/World Bank/United Nations initiative. This paper provides background information on broad economic indicators in South Africa. In addition, the paper situates the levels of socio-economic development in South Africa within the framework of the OECD/World Bank/United Nations core set of indicators.
7 grade- Unit 9- Impact of Environment and Economy
SS7G2 Explain environmental issues across the continent of Africa. a. Explain how water pollution and unequal access to water impacts irrigation, trade, industry, and drinking water. b. Explain the relationship between poor soil and deforestation in Sub-Saharan Africa. c. Explain the impact of desertification on the environment of Africa.
Western impact on Africa's economic development and the
investment on Africa s development is hard to ignore; on the other hand, I think foreign aid and investment are hurting Africa s economy because many foreign aid programs are designed neither to fit the economic structure that leads to promising growth nor to meet the need of local people.
Maximizing the impact of digitization
strategy development, policymaking and regulatory management, business development and strategic investments, corporate and business planning, and privatization and restructuring. Roman Friedrich is a Strategy& partner based in Düsseldorf and Stockholm. He leads the firm s communications, media, and
South Africa's Readiness for the Fourth Industrial Revolution
blockchain do have development potential, this paper warns that the unevenness of digital development in South Africa will intensify in the absence of policy interventions that redress the underlying structural inequalities in the economy and society. It also calls for strategies to enable greater digital inclusion while
Econ Las Economic Reports - Iowa State University Digital
services produced in the economy, plus the change inbusiness inventories, during a stipulated time period (a year ora quarterof a year). One serious problemassociatedwith the use of GNP data to measure the change inthereal output of the economy isthat the purchasingpower of thedollarusuallychanges with the passage of'time.
COVID-19 AND HUMAN DEVELOPMENT
The COVID-19 pandemic is unleashing a human development crisis On some dimensions of human development, conditions today are equivalent to levels of deprivation last seen in the mid-1980s. But the crisis is hitting hard on all of human development s constitutive elements: income (with the largest contraction in economic activity since the Great
Impact of Technological Change on Developing Countries, The
Africa four times in the past year, I have heard repeated discussions of what needs to be done to encourage more of the countries in that region to move from the first to the second of these stages of development, such as by building new textile and apparel production capacities.
The Impact of the 4th Industrial Revolution on Economic
BCX invested in Explore Data Science Academy (South Africa s first data science academy) to create 300 new skilled data scientist in the next 3 years, to meet the demand for data analytics in the digital economy Telkom Foundation is spending ~R85M on education whilst providing supplementary teaching and educating teachers in ICT
The impact of Internet connectivity on economic development
The impact of Internet connectivity on economic development in Sub-Saharan Africa 2 development and established that the Internet is a dynamic tool for stimulating growth. In particular, with specific reference to developing countries, a macro-level econometric analysis
THE ECONOMIC IMPACT OF COUNTERFEITING AND PIRACY Executive
The figure does not, however, include counterfeit and pirated products that are produced and consumed domestically, nor does it include non-tangible pirated digital products being distributed via the Internet. If these items were added, the total magnitude of counterfeiting and piracy worldwide could well be several hundred billion dollars more.