2019’s Economics Nobel laureates are Abhijit Banerjee, Esther Duflo and Michael Kremer. A recent Sunday Times article by Murray Leibbrandt and Laura Poswell explains how J-PAL Africa and SALDRU are proud to have worked with all three laureates to bring appropriate use of the tools they have developed and popularised to South Africa and the region.
In a recent op-ed published in 'Business Day', members of the Economics of Tobacco Control Project argue that the multinational corporations have, over a long period, created the incentives for competitors to enter the market by aggressively increasing the retail price of cigarettes by substantially more than the increase in the excise tax.
Vimal Ranchhod considers potential explanations for why South Africa has such a persistently high unemployment rate in an op-ed in 'GroundUp'. He points to historical factors, a struggling educational system, the need to encourage investments, a highly concentrated market structure, and the costs of living in a low trust society
December saw renewed media interest in SALDRU’s Income Comparison Tool with three popular publications including Times Live, City Press and Daily Vox publishing articles about it from varying perspectives. SALDRU is pleased to see that the continued media interest. The tool is one of the most striking demonstrations of the economic challenge facing SA.