Public Infrastructure Investment in South Africa Boosts Economy, Tackles Unemployment and Poverty
The article explores how investing in public infrastructure in South Africa can boost the economy and help create more jobs. By analyzing different economic models, the researchers found that improving public infrastructure can have a positive impact on labor and income levels. They discovered that enhancing public economic sectors can directly benefit different types of formal jobs, but informal labor indirectly benefits through the construction sector's output. This suggests that increasing public infrastructure could alleviate unemployment and improve living standards in South Africa.