Skip to content

How do you develop a world class economy?

March 20, 2014

In 20 years of democracy, South Africa has not seen below 20% unemployment, nor has it need double digit economic growth as seen in Asia and some African countries.

There is, however, a glimmer of hope for where the economy could grow.

To become more competitive, consideration should be made around how best to develop a world class economy:

– How about supporting your social entrepreneurs and giving them the opportunity to support communities with innovative solutions to social challenges, collaborating with the efforts of government and civil society.

– There is also the opportunity to improve the startup ecosystem by encouraging more entrepreneurs within your economy, through various incentives and policies.

– Perhaps work harder on giving your high growth entrepreneurs access to global markets.

If the environment and mood for doing business is positive, business will happen.

Advertisements

From → Daily Thoughts

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: