Listen

Description

In the last few days, a lot has been written about what is needed to get the South African economy up and running. Some commentators are asking for drastic steps, others for a basic income allowance, or that we should just get the debt burden under control first. Some would say labour market reform but are understandably cautious to explain exactly what needs to be changed. The one aspect is the system of collective bargaining.

Read the science here: Magruder (2010).