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date: 18 August 2019

Abstract and Keywords

The article is organized as follows. The first section provides some background on the economies of Africa, a short discussion on the causes of poverty, and a description of the informal sector. This is followed by a relatively detailed description of the South African pension system. Apart from the author's familiarity with South Africa, its subsistence and informal sectors have much in common with the rest of Africa, while both its public and private sectors provide a number of models for potential development. Its policy makers and entrepreneurs have a growing influence on other African countries, particularly in southern Africa. The article then extends the description to other African countries. A final section also raises some research questions.

Keywords: pension system, South Africa, private sectors, policy makers, entrepreneurs, subsistence, informal sectors

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