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OECD Maps Out Ideas to Fix South Africa's Economic Problems


Industry Segment: Industrial Manufacturing | Word Count: 376 Words

JOHANNESBURG--March 6, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--The latest Organization for Economic Cooperation and Development (OECD) report on South Africa may have been published at a moment when it could boost the latent local commitment to tackle and find solutions to the problems. The OECD said that the interaction of weak competition in domestic product markets and dysfunctional labor markets was holding back growth in South Africa and aggravating unemployment.

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