Research: DBSA Report Sheds Light on South Africas Second Economy

Thursday, 20 October, 2005 - 13:44

HSRC, 30 June 2005 An HSRC media release notes that "[t]he actual transformation of the second economy should be a long-term goal, as the difficulty of undoing the legacy of the 'two economies' h

HSRC, 30 June 2005

An HSRC media release notes that "[t]he actual transformation of the second economy should be a long-term goal, as the difficulty of undoing the legacy of the 'two economies' has been underestimated. The immediate task is to intervene broadly and coherently in the second economy to assist and encourage as many people as possible to realise their economic potential."

It continues by observing that "[t]hese are some of the issues raised in the 2005 Development Report, Overcoming underdevelopment in South Africa ’s second economy, which was released by the Development Bank of Southern Africa (DBSA), the Human Sciences Research Council (HSRC) and the United Nations Development Programme (UNDP)."

Visit the HSRC website to read the original media release or download the full version of the 2005 Development Report: Overcoming Underdevelopment in South Africa's Second Economy .

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