Health, Education and Productivity

Alan Whiteside

Chapter 23 in Can South and Southern Africa become Globally Competitive Economies?, 1996, pp 258-266 from Palgrave Macmillan

Abstract: Abstract Productivity has become something of a catchphrase in South Africa in recent years, but there is no denying its importance in enhancing the competitiveness of a firm or country. Productivity may be defined, in the widest sense, as representing the relationship between physical output and the capital, labour, materials and energy required to produce that output. That is, productivity is a physical output per unit of capital, unit of labour, unit of energy and unit of raw materials. Productivity improvement involves the better and more efficient utilisation by management of all production resources to ensure maximum output at minimum cost. (NPI, 1994: 1).

Keywords: Social Rate; Public Health Expenditure; Physical Output; South African Institute; South African Child (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-1-349-24972-5_24

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