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2015 OECD Economic Surveys: South Africa 2015

image of OECD Economic Surveys: South Africa 2015

This 2015 OECD Economic Survey of South Africa examines recent economic developments, policies and prospects. Special chapters cover infrastructure and business regulation; tax policy and inclusive growth.

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Assessment and recommendations

Since the early 1990s, South Africa has gone through a democratic transition with the development of broad-based consultation in the policy formation process, a sound macroeconomic policy framework, and strong institutions to protect the rule of the law. Social progress has been achieved with redistributive grants and wide access to key public services, notably education, health, housing, water, sanitation and electricity. These services account for 60% of government spending (Statistics South Africa, 2014).

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