The southern African region has a substantial potential for economic transformation and inclusive growth. However, this is currently not unfolded due to barriers at both domestic and regional level. These relate to capacity shortage within key institutions; inadequate production and dissemination of high-quality research to inform policy; and limited avenues for policy dialogue. This project, Southern Africa – Towards Inclusive Economic Development (SA-TIED), seeks to address these constraints with the aim of creating a platform for evidence-based policy formulation that will allow the southern African region to fulfil its growth potential.
Achieving economic transformation is a complex task that requires well-timed interventions across different sectors. SA-TIED seeks to support this delicate process with efforts divided into three principal components: (1) Policy-relevant economic research, (2) capacity building of stakeholders, and (3) communications and policy-bridging.
The research component will be a primary driver of activities with capacity building and policy-bridging articulating around the research programme. It is proposed that all three components are advanced within the framework of six thematic work streams: (i) Enterprise development for job creation and growth, (ii) Public revenue mobilization for inclusive development, (iii) Macroeconomic modelling for policy formulation, (iv) Turning the tide on inequality, (v) CLIMATE (climate change, infrastructure, migration, agriculture, trade, and energy), and (vi) Regional growth for southern Africa’s prosperity.
A crucial element to successful management of research activities is to direct resources towards more successful and higher impact activities and away from less successful and lower impact activities (as opposed to vice versa). The exact mix of research activities within the work streams will respond to these exigencies.
The project engages key South African institutions including the National Treasury (NT), the Department of Trade and Industry (DTI), the Department of Planning, Monitoring and Evaluation (DPME), the South African Revenue Service (SARS), and Trade and Industrial Policy Strategies (TIPS) in collaboration with two international policy-research partners, the United Nations University World Institute for Development Economics Research (UNU-WIDER) and the International Food Policy Research Institute (IFPRI).