Economic growth and development policies

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9 Terms

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Reconstruction and Development Programme

The main strategy was to alleviate poverty and address the inequalities and shortfalls in social services

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Growth, Employment and Redistribution

The main strategy was to strengthen economic development, redistribute income and create socio-economic opportunities for the poor.

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Accelerated and Shared Growth Initiative for South Africa (

The key elements are:

• Halve unemployment and poverty by 2014.

• Accelerate economic growth to an average of 6% between 2010 and 2014.

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Joint Initiative on Priority Skills Acquisition

Focus is on skills development, especially through the SETAS.

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Expanded Public Works Programme

It is a nationwide government intervention to create employment using labour-intensive methods, and to give people skills they can use to find jobs

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. The New Growth Path

ts aim is to enhance growth, create employment and create greater equity. The strategy is to identify key sectors as “job drivers” and promote and support industries and sectors that can drive job creation.

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National Development Plan

It sets out to expand economic opportunities through investment in infrastructure, more innovation, private investment and entrepreneurship.

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Small Business Development Promotion Programme

It was designed to deliver support and services to small, medium and micro enterprises.

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Black Economic Empowerment Programmes

Measures are implemented to ensure redress and affirmative action in the workplace and business environment.