National development plan (NDP) and youth employment in South Africa. The case of Eastern Cape Province
- Authors: Chivanga, Shylet Yvonne
- Date: 2014
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: http://hdl.handle.net/10353/855 , vital:26503
- Description: This research study explored the inadequacies of the National Development Plan on addressing the problem of youth unemployment in Eastern Cape in South Africa. The study intended to achieve the following objectives: (i) to evaluate the employment needs of youth in relation to the identified measures of employment creation outlined in the NDP. ii) to identify the gaps in the NDP policy interventions in relation to the prospects and problems embedded in addressing the problem of youth unemployment. The literature reviewed in the study was drawn from several researchers and the study was underpinned by the human capital theory, the capability approach and the public and the private sector partnership theory. Though many theories were used, the human capital theory was the major theory adopted in this study. Since the study was qualitative in nature, an interview guide which consisted of open ended questions was used on face to face interviews and focus groups to collect data from twenty one youth and five youth representatives in the Eastern Cape. The data of this study was thematically analysed. The analysis of the study made the following conclusions about the NDP and youth employment in the Eastern Cape. Firstly, there is a problem of high youth unemployment which is above 50% in the Eastern Cape. Secondly, the NDP’s economic measures have a potential of excluding the youth and as a result, the NDP will inadequately address the employment needs of the youth. Thirdly, the youth appreciated that the NDP is realising the problem of youth unemployment but they are not happy with the NDP’s proposed employment measures of wage subsidies, low wages, labour deregulation and SMMEs because they do not solve the root causes of youth unemployment. Rather, they provide unsustainable and low quality jobs in the long run if not properly monitored. In response to the findings, the study therefore made the following recommendations: The NDP’s economic growth policy to be labour intensive compliant, human capital to match the work place skills requirements, promoting entrepreneurship skills, addressing the root causes rather than focusing on symptoms of unemployment , rethinking on SMMEs, development policies to match the local employment needs, succinct youth employment policy implementation, productivity to match the wages, complementing the private and the public sector in creating youth employment, the NDP to promote adequate link of education to self-employment from the primary level, the NDP to promote higher levels of investment for the employment benefits of the youth and the NDP to fight corruption on the misuse of youth employment grants. The study concluded that NDP’s proposed economic measures will inadequately address the youth employment needs hence there is need for relooking at the NDP to be sustainable employment responsive in nature so as to reduce poverty and inequality.
- Full Text:
- Date Issued: 2014
- Authors: Chivanga, Shylet Yvonne
- Date: 2014
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: http://hdl.handle.net/10353/855 , vital:26503
- Description: This research study explored the inadequacies of the National Development Plan on addressing the problem of youth unemployment in Eastern Cape in South Africa. The study intended to achieve the following objectives: (i) to evaluate the employment needs of youth in relation to the identified measures of employment creation outlined in the NDP. ii) to identify the gaps in the NDP policy interventions in relation to the prospects and problems embedded in addressing the problem of youth unemployment. The literature reviewed in the study was drawn from several researchers and the study was underpinned by the human capital theory, the capability approach and the public and the private sector partnership theory. Though many theories were used, the human capital theory was the major theory adopted in this study. Since the study was qualitative in nature, an interview guide which consisted of open ended questions was used on face to face interviews and focus groups to collect data from twenty one youth and five youth representatives in the Eastern Cape. The data of this study was thematically analysed. The analysis of the study made the following conclusions about the NDP and youth employment in the Eastern Cape. Firstly, there is a problem of high youth unemployment which is above 50% in the Eastern Cape. Secondly, the NDP’s economic measures have a potential of excluding the youth and as a result, the NDP will inadequately address the employment needs of the youth. Thirdly, the youth appreciated that the NDP is realising the problem of youth unemployment but they are not happy with the NDP’s proposed employment measures of wage subsidies, low wages, labour deregulation and SMMEs because they do not solve the root causes of youth unemployment. Rather, they provide unsustainable and low quality jobs in the long run if not properly monitored. In response to the findings, the study therefore made the following recommendations: The NDP’s economic growth policy to be labour intensive compliant, human capital to match the work place skills requirements, promoting entrepreneurship skills, addressing the root causes rather than focusing on symptoms of unemployment , rethinking on SMMEs, development policies to match the local employment needs, succinct youth employment policy implementation, productivity to match the wages, complementing the private and the public sector in creating youth employment, the NDP to promote adequate link of education to self-employment from the primary level, the NDP to promote higher levels of investment for the employment benefits of the youth and the NDP to fight corruption on the misuse of youth employment grants. The study concluded that NDP’s proposed economic measures will inadequately address the youth employment needs hence there is need for relooking at the NDP to be sustainable employment responsive in nature so as to reduce poverty and inequality.
- Full Text:
- Date Issued: 2014
Effects of exchange rate volatility on the stock market: a case study of South Africa
- Authors: Mlambo, Courage
- Date: 2013
- Subjects: Foreign exchange rates -- South Africa , Currency question -- South Africa , Free trade -- South Africa , Capital movements -- South Africa , Cointegration -- South Africa , Investments, Foreign , International trade , Stock exchanges -- South Africa , South Africa -- Economic policy
- Language: English
- Type: Thesis , Masters , M Com
- Identifier: vital:11468 , http://hdl.handle.net/10353/d1007125 , Foreign exchange rates -- South Africa , Currency question -- South Africa , Free trade -- South Africa , Capital movements -- South Africa , Cointegration -- South Africa , Investments, Foreign , International trade , Stock exchanges -- South Africa , South Africa -- Economic policy
- Description: This study assessed the effects of currency volatility on the Johannesburg Stock Exchange. An evaluation of literature on exchange rate volatility and stock markets was conducted resulting into specification of an empirical model.The Generalised Autoregressive Conditional Heteroskedascity (1.1) (GARCH) model was used in establishing the relationship between exchange rate volatility and stock market performance. The study employed monthly South African data for the period 2000 – 2010. The data frequency selected ensured an adequate number of observations. A very weak relationship between currency volatility and the stock market was confirmed. The research finding is supported by previous studies. Prime overdraft rate and total mining production were found to have a negative impact on Market capitalisation. Surprisingly, US interest rates were found to have a positive impact on Market capitalisation. This study recommended that, since the South African stock market is not really exposed to the negative effects of currency volatility, government can use exchange rate as a policy tool to attract foreign portfolio investment. The weak relationship between currency volatility and the stock market suggests that the JSE can be marketed as a safe market for foreign investors. However, investors, bankers and portfolio managers still need to be vigilant in regard to the spillovers from the foreign exchange rate into the stock market. Although there is a weak relationship between rand volatility and the stock market in South Africa, this does not necessarily mean that investors and portfolio managers need not monitor the developments between these two variables.
- Full Text:
- Date Issued: 2013
- Authors: Mlambo, Courage
- Date: 2013
- Subjects: Foreign exchange rates -- South Africa , Currency question -- South Africa , Free trade -- South Africa , Capital movements -- South Africa , Cointegration -- South Africa , Investments, Foreign , International trade , Stock exchanges -- South Africa , South Africa -- Economic policy
- Language: English
- Type: Thesis , Masters , M Com
- Identifier: vital:11468 , http://hdl.handle.net/10353/d1007125 , Foreign exchange rates -- South Africa , Currency question -- South Africa , Free trade -- South Africa , Capital movements -- South Africa , Cointegration -- South Africa , Investments, Foreign , International trade , Stock exchanges -- South Africa , South Africa -- Economic policy
- Description: This study assessed the effects of currency volatility on the Johannesburg Stock Exchange. An evaluation of literature on exchange rate volatility and stock markets was conducted resulting into specification of an empirical model.The Generalised Autoregressive Conditional Heteroskedascity (1.1) (GARCH) model was used in establishing the relationship between exchange rate volatility and stock market performance. The study employed monthly South African data for the period 2000 – 2010. The data frequency selected ensured an adequate number of observations. A very weak relationship between currency volatility and the stock market was confirmed. The research finding is supported by previous studies. Prime overdraft rate and total mining production were found to have a negative impact on Market capitalisation. Surprisingly, US interest rates were found to have a positive impact on Market capitalisation. This study recommended that, since the South African stock market is not really exposed to the negative effects of currency volatility, government can use exchange rate as a policy tool to attract foreign portfolio investment. The weak relationship between currency volatility and the stock market suggests that the JSE can be marketed as a safe market for foreign investors. However, investors, bankers and portfolio managers still need to be vigilant in regard to the spillovers from the foreign exchange rate into the stock market. Although there is a weak relationship between rand volatility and the stock market in South Africa, this does not necessarily mean that investors and portfolio managers need not monitor the developments between these two variables.
- Full Text:
- Date Issued: 2013
Geographies of juvenile crime: a study of crime in selected high schools in East London, South Africa
- Authors: Ladokun, Ayodele Olanrewaju
- Date: 2010
- Subjects: Juvenile delinquency -- South Africa -- East London , School violence -- South Africa -- East London , Education, Secondary -- South Africa -- East London , High schools -- South Africa -- East London , School management and organization -- South Africa -- East London , Crime--South Africa -- East London
- Language: English
- Type: Thesis , Masters , MSc (Geography)
- Identifier: vital:11507 , http://hdl.handle.net/10353/345 , Juvenile delinquency -- South Africa -- East London , School violence -- South Africa -- East London , Education, Secondary -- South Africa -- East London , High schools -- South Africa -- East London , School management and organization -- South Africa -- East London , Crime--South Africa -- East London
- Description: Youth crime has been and still is a social problem in South Africa. It is a problem that shakes the very fabric of the society. The problem with the youth in modern society is both a national concern and an important subject for academic study. High school environments are where youths converge for learning purposes, but they have also turned to hotspots for crime. Different theories on explanations for high school crime have been developed over time. This particular study, conducted in 2008, adopts the criminal opportunity theory to study the social, economic and the demographic characteristics of selected environments in which high schools are located to determine significant factors that are conducive for high schools to be crime hotspots. Three schools were selected in different neighbourhoods in East London for the study. The study used an intensive case design technique to conduct the research. Different characteristics of the communities in which the schools that were studied were located showed different crime pattern. The Law enforcement agencies also realize these differences and they try to address crime issues in various communities in the study areas individually
- Full Text:
- Date Issued: 2010
- Authors: Ladokun, Ayodele Olanrewaju
- Date: 2010
- Subjects: Juvenile delinquency -- South Africa -- East London , School violence -- South Africa -- East London , Education, Secondary -- South Africa -- East London , High schools -- South Africa -- East London , School management and organization -- South Africa -- East London , Crime--South Africa -- East London
- Language: English
- Type: Thesis , Masters , MSc (Geography)
- Identifier: vital:11507 , http://hdl.handle.net/10353/345 , Juvenile delinquency -- South Africa -- East London , School violence -- South Africa -- East London , Education, Secondary -- South Africa -- East London , High schools -- South Africa -- East London , School management and organization -- South Africa -- East London , Crime--South Africa -- East London
- Description: Youth crime has been and still is a social problem in South Africa. It is a problem that shakes the very fabric of the society. The problem with the youth in modern society is both a national concern and an important subject for academic study. High school environments are where youths converge for learning purposes, but they have also turned to hotspots for crime. Different theories on explanations for high school crime have been developed over time. This particular study, conducted in 2008, adopts the criminal opportunity theory to study the social, economic and the demographic characteristics of selected environments in which high schools are located to determine significant factors that are conducive for high schools to be crime hotspots. Three schools were selected in different neighbourhoods in East London for the study. The study used an intensive case design technique to conduct the research. Different characteristics of the communities in which the schools that were studied were located showed different crime pattern. The Law enforcement agencies also realize these differences and they try to address crime issues in various communities in the study areas individually
- Full Text:
- Date Issued: 2010
- «
- ‹
- 1
- ›
- »