HSRC to investigate role of services in boosting growth within Southern Africa
The Human Sciences Research Council (HSRC) has been awarded a grant by the United Nations University (UNU) to investigate the catalytic role of tradable services in Southern Africa’s growth and development.
The study will be led by Professor Ivan Turok and Dr Justin Visagie, and will look at how know-how and technical capabilities can boost Southern Africa’s prosperity through shared expertise, mutual learning and practical support for investment in economic development and urban infrastructure.
Through Agenda 2063 and related plans, the African Union has highlighted the need to accelerate industrialisation throughout the continent in order to eliminate poverty and underdevelopment.
Knowledge-intensive services can add enormous value to traditional mining, agriculture and manufacturing sectors by upgrading their products and improving their processes.
The recent signing of the African Continental Free Trade Area agreement indicated a commitment to boosting trade and deepening regional integration in the context of looming global trade wars and rising protectionism.
Observers such as the World Bank have long identified weak integration of African economies into global and regional value chains as a constraint to growth and job creation.
At a time of major technological disruption, commonly referred to as the Fourth Industrial Revolution, it is particularly important for businesses and governments to invest in human capital and to share their expertise. Specialised knowledge and technical capabilities can enhance competitiveness, spur industrialisation and raise living standards.
The study will investigate the detailed flows of service-related imports and exports within the sub-continent. In-depth interviews will also be undertaken with senior executives in business and industry associations to explore the opportunities and obstacles facing increased trade in knowledge-intensive services.
It is envisaged that the outcomes of this study will include a series of recommendations to support accelerated trade and industrialisation across Africa through improved access to know-how and professional expertise.
The study is funded by the UNU World Institute for Development Economics Research in collaboration with the National Treasury and the Department of Trade and Industry.
It is part of a programme of research aimed at supporting regional growth and development in Southern Africa.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation