Global Competitiveness Index South Africa – Whose reality counts for small business?

  “Global Competitiveness Index South Africa” is a common heading on slides discussing economic policy in South Africa.The data from the Global Competitive Index by the World Economic Forum plays a very important role in South Africa because it is seemingly reputable and rigorous. Motivations for several policy initiatives, in fact,  are directly substantiated...

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BRICS – Total Entrepreneurial Activity

The Global Entrepreneurship Monitor (GEM) provides a basis for comparing entrepreneurial activity, aspirations and intentions globally. The chart below shows the Total early-stage Entrepreneurial Activity (TEA). TEA is defined as TEA = Percentage of 18-64 population who are either a nascent entrepreneur or owner-manager of a new business The data shows that there is...

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