Economic growth in Latin America, is it sustainable?
Despite positive economic growth within Latin America and a relatively smooth transition through the 2008 crisis, there are concerns about how this trend will continue.
Sources:FORO December 2010, pages 3-4
Recent increases in oil prices could lead to longer-term economic damage for poorest countries
Increasing oil prices will not just effect the GDP of poor countries in potentially startling degrees, but will also make life dramatically harder for the poorest households.
Sources:South Africa Node April 2011 pg. 2
What’s up with Jobless Growth?
As most of the developing world seems to be facing a youth bulge in the coming decade combined with already massive amounts of unemployment, the new trend of jobless growth in South Africa is troublesome.
“An inaugural OECD Economic Survey of South Africa, released in July stated that South Africa’s economy needs to grow by 5% a year in order to turn the tide against unemployment which is ‘especially acute for the young.’” In the report the OECD stated that increasing unemployment is one of the major challenges of South Africa.
Sources:South Africa Node July 2010, pg. 2
More on South Africa’s jobless growth:
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