We document the rise in unemployment in South Africa since the transition in 1994. We describe how changes in labour supply interacted with stagnant labour demand to produce unemployment rates that peaked between 2001 and 2003. Meanwhile, compositional changes in employment at the sectoral level...

In 1999, the World Bank and the International Monetary Fund adopted a new set of processes to guide lending to some of the world´s poorest countries. This set of processes is known as the Poverty Reduction Strategy Paper (PRSP) approach. This study reviews the PRSP approach. The study begins...