Projection of Future Economic and Sociopolitical Trends In South Africa Up To 2025
The report predicts positive economic growth for South Africa up to 2025 but highlights sociopolitical challenges.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: |
Bureau Of Market Research (BMR) Of The University Of South |
| Publication date: | January 2006 |
| Authors: | Carel Van Aardt, Helgard Van Wyk |
| Time horizon: | 2025 |
| Geographic focus: | South Africa, Africa |
Methods
The research method involved qualitative evaluations of economic and sociopolitical issues by 70 business leaders and economists, as well as quantitative predictions by a panel of 13 economists for various economic sectors, comparing the years 2007 and 2010 with 2004.
(Generated with the help of GPT-4)
Key Insights
The report presents an optimistic outlook for South Africa's economic growth, with expectations of an average growth rate above 3% per annum from 2005 to 2010, and even higher growth from 2011 to 2025. Business leaders and economists anticipate strong economic ties with other countries and a boost in tourism, especially due to the 2010 Soccer World Cup. However, concerns are raised about employment growth lagging behind GDP growth and the sociopolitical issues posed by the influx of people from neighboring countries. The report also discusses the potential strain on South Africa's health and infrastructure systems due to immigration and its impact on local employment rates.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2006 publication year | 2020s time horizon | 2025 time horizon | Africa geographic scope | English publication language | South Africa geographic scope | business expansion | economic | economic growth | economy | employment | foreign relations | futures | health infrastructure | immigration | labour market | sociopolitical | sociopolitical trends | south africa | tourism | trends | world cup