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  "documentTitle": "South Africa Economic Outlook Productivity Potential Index (PPI): A new way of measuring countries’ productive competitiveness.",
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  "notes": "Includes a table of macroeconomic forecasts for 2022-2025f.",
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      "text": "Please sign up here to receive future editions of this report by email.",
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      "text": "In other words, South Africa is very dependent on productivity factors that, right now, are severely underperforming.",
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      "text": "Key elements of this report include: Strategy&'s Productivity Potential Index (PPI); Multiple capital pillars; Labour and human capital; Infrastructure and physical capital; Public institutions.",
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      "text": "Real GDP growth: 1.2",
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      "text": "Their analysis shows that human capital, logistics, and institutions are some of the largest contributors to South Africa's labour productivity. At the same time, these factors are also associated with some of the biggest challenges to economic and employment growth.",
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      "text": "Traditional measures of productivity typically do not include key factors that we view to be critical to sustainable economic growth and development. This edition of the South Africa Economic Outlook considers a new tool created by the Strategy& Middle East Ideation Centre.",
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      "text": "Productivity is a catalyst for economic development: boosting productivity creates employment, encourages innovation, and supports the sustainable and equitable growth of societies. However, research by the World Bank ranked South Africa 80th out of 170 countries for productivity growth in 2015-2021.",
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