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What the price of prostitutes can teach you about SA economy - Marius Oosthuizen - bengalsfansportshop.com
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What the price of prostitutes can teach you about SA economy – Marius Oosthuizen
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Biz News. High unemployment rates, a symptom of an ailing economy , have meant that many young people find their only source of income in selling their bodies. Marius Oosthuizen , a leadership, strategy and ethics expert at the Gordon Institute of Business Science, says he pays close attention to the price of prostitutes in his field work because it helps provide a nuanced sense of the micro-economy. What he sees is tragic and underscores a major block in kickstarting economic growth : South Africa has a largely consolidated economic sector that is unlikely to create jobs on a massive scale without significant policy change. The young man we spoke to was travelling on our bus and assisting our study group in meeting local stakeholders, business leaders and community leaders in the town of Bronkhorstspruit.