Politique éducative et marché du travail en Afrique du Sud. Une analyse en EGC

Abstract

South Africa faces skills shortage and huge inequalities in its education system inherited from the former Apartheid regime. This paper presents a dynamic computable general equilibrium model that analyses the impact of public spending in education on students' behaviors and on the labor market in long run. We find that this policy improves graduation rates and skills among the population, but in the long run, as economic growth is too slow, the labor market can't absorb all the new skilled workers.