Researching the 2nd Economy Rasigan Maharajh Institute for Economic Research on Innovation Presentation to GLOBELICS Workshop on BRICS 13th February 2006

Institute for Economic Research on Innovation Introduction South African Case –Context –Some data Research Examples Outline

Introduction Institute for Economic Research on Innovation Growth versus Development –Equity & Sustainability Definitional Problem = Methodological Challenge (paradox) –Informal –Non-formal –Grey –Criminal Co-evolution, Interdependence, Linkages & Pathways, Bridges etc.

SA Context Institute for Economic Research on Innovation History –Articulation of Modes of Production Feudal & Capitalist –Colonialism of a Special Type Core/ Periphery within One Country Current –Skills, Meritocracy & Knowledge Economy –Destruction of Infant Industry Protection –Global Competitiveness –Increasing un-employability –Youth Marginalisation –Urban/ Rural Dichotomy –Income inequalities

SA Population Composition Institute for Economic Research on Innovation Source: Population Census

Institute for Economic Research on Innovation Source: Bureau for Market Research

Employment Institute for Economic Research on Innovation Source: Department of Labour

Employment Sector Institute for Economic Research on Innovation

Research examples... Institute for Economic Research on Innovation Household-Level Income Studies – panel survey for National Treasury Equity Monitoring through Public Spending Analysis –Financial & Fiscal Commission Graduate Unemployment –Innovation Hub Placement Initiative Mobility of R&D Workers –Incentives & Community Service Review of Cooperatives –Ekurhuleni Metropolitan Municipality

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Introduction Institute for Economic Research on Innovation Natural Capital (Endowments) Produced Capital (Physical & Disembodied Technology) Social Capital (Norms & networks facilitating inter- & intra-group cooperation) Human Capital (Learning & Health) Well- being Human & Social Political Environmental Economic GDP OECD (2001) Social Capital