Answer to Question #118503 in Economics for mpfumiseni

Question

what are competitiveness of south African goods from other countries ?

Answer 1

South Africa is the 60 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum.

South Africa’s major challenges are: a lack of commitment to skills development, poor public sector service delivery, perceived corruption, climate change, declining consumer demand and water scarcity threaten the sustainability of growth, contribute to poor and uneven education outcomes and low business confidence.