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REVELATIONS: ECONOMIC DISPARITIES

REVELATIONS: ECONOMIC DISPARITIES. Economic Disparities in Post-Apartheid SA. Gini Coefficient by Population Group. Source: HSRC 2004. Inequality: Selected Social Indicators. UN Millennium Development Goals. Eradicate extreme poverty and hunger.

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REVELATIONS: ECONOMIC DISPARITIES

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  1. REVELATIONS: ECONOMIC DISPARITIES

  2. Economic Disparities in Post-Apartheid SA

  3. Gini Coefficient by Population Group Source: HSRC 2004

  4. Inequality: Selected Social Indicators

  5. UN Millennium Development Goals • Eradicate extreme poverty and hunger. • Halve the proportion of people living on less than a dollar a day and those who suffer from hunger by 2015. • Achieve universal primary education. • Promote gender equality and empower women. • Reduce child mortality. • Combat HIV/AIDS, malaria and other diseases. • By 2015, reduce by half the proportion of people without access to safe drinking water. • By 2020 achieve significant improvement in the lives of at least 100 million slum dwellers. • Develop global partnerships for development.

  6. Govt. Programs to Restore Equity • Emphasis on fiscal prudence, accountability, transparency • Programs for Equity • Reconstruction & Development Program (RDP) • Growth with Employment And Redistribution (GEAR) • Joint Initiative on Priority Skills Acquisition (JIPSA) • Accelerated and Shared Growth-South Africa (ASGISA) • Black Economic Empowerment (BEE) • Broad-Based Black Economic Empowerment (BBBEE)

  7. RDP Houses

  8. RDP Houses

  9. RDP Houses Constructed

  10. Conclusion • Corporations/MNCs use their resources to address persisting inequalities beyond the normal functioning of their businesses. • Help in rebuilding South Africa/Social responsibility • Improve wages and related social benefits, and • Provide training and education programs for blacks, even those not employed by them. • Ongoing tensions between the social and economic imperative of the profitability of enterprises. • Form partnerships with global financial orgs, investors, non-profits (NGO’s)…all hands on deck

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