Economic Complexity and Employment Expansion: The Case of South Africa

Haroon Bhorat, Haroon Bhorat, Arabo Ewinyu, Kezia Lilenstein, Chris Rooney, Francois Steenkamp and Amy Thornton
Authors registered in the RePEc Author Service: Haroon Bhorat

Working Papers from University of Cape Town, Development Policy Research Unit

Abstract: Economic complexity refers to the magnitude of productive knowledge or capabilities embedded in society (Hausmann, Hidalgo, Bustos et al., 2011).1 Capabilities are akin to specialised bytes of knowledge distributed across individuals in society. The level of productive knowledge is not that contained within any individual, but rather that contained across the many individuals comprising society. When brought together through organisations and markets, these individual bits of knowledge bring into effect economic diversity. Economic diversity is reflected in a diversity of increasingly complex products (and services)2. The more productive knowledge a country has, the greater the diversity of products it can produce by combining these bits of knowledge, and thus the more complex it is.

Keywords: Economic Complexity; South Africa; Employment; Women; Youth (search for similar items in EconPapers)
Pages: 86 pages
Date: 2019-06
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Citations: View citations in EconPapers (9)

Published in IDRC|DPRU Working Paper Series by the Development Policy Research Unit, June 2019, pages 1-86

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