Unequality

federation Africa has historically been ranked as one of the close to unequal societies in the world and, while the country has see sustained positive economic yield since 1994, the impact of this growth on p overty, and particularly inequality, has been disappointing. Analysis using data from the 1995 and 2000 Income and outgo espouses has found, for example, a solid ontogeny in income inequality over the period and, further, that this increase in inequality eroded some(prenominal) significant poverty-reduction gains from higher economic growth. The release of the Income and Expenditure Survey 2005 enables us to examine changes in inequality over the ecstasy between 1995 and 2005. Some preliminary analysis, however, shows a further increase in inequality over the second half of the period. This unexampled result would possibly suggest that South Africa is now the about consistently unequal economy in the world. Critically, the persistent and change magnitude levels of inequality have been acting as a backwardness ensuring that South Africas economic growth results in significant declines in household poverty levels. This study has two main(prenominal) objectives. Firstly, the study aims to identify the drivers of the reproduction of inequality in post-apartheid South Africa.



The second objective is to examine what policy levers are functional to help mitigate the impact of increased inequality in South Africa. Based on the identification of what is driving the change magnitude levels of inequality, appropriate policy interventions, including assessing the impact and sustainability of existing policies such as the increased provision of social grants, will be evaluated. We decide that not only has income inequality remained high for the period below review, but it has also increased significantly between 1995 and 2005. throughout the time period wage inequality has been the main subscriber to the growing income inequality. For a more holistic representation of inequality, we turn over the effect of...If you want to get a full essay, assemble it on our website: Orderessay



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