The Rainbow Nation benefits from an internationally competitive private sector, which accounts for roughly 70% of GDP, and extremely competitive infrastructure; its utility sector, for example, produces just under half of the total power generated on the African continent. South Africa represents by far the most developed market in Africa, but there are still some structural challenges it is grappling with. Government strategies have set a target of increasing labour market participation from 54% in 2010 to 65% by 2030, bringing the number of workers in the formal sector to 25.3m people and lowering unemployment from 25% to 6%. While its fiscal space is narrow, long-term investments in infrastructure, education and health are expected to be key to attaining its growth potential. Recent years have seen both the public and private sectors look to strengthen regulatory frameworks in mining and industry – in some cases, like the automotive sector, with impressive results.

This report provides a platform for the development of a forward-looking, cross-cutting regional development strategy in Cape Town, South Africa and proposes new "second generation" governance reforms to consolidate previous achievements and respond to emerging obstacles.

Coastal Management: Global Challenges and Innovations focuses on the resulting problems faced by coastal areas in developing countries with a goal of helping create updated management and tactical approaches for researchers, field practitioners, planners and policymakers. This book gathers, compiles and interprets recent developments, starting from paleo-coastal climatic conditions, to current climatic conditions that influence coastal resources. Chapters included cover almost all aspects of coastal area management, including sustainability, coastal communities, hazards, ocean currents and environmental monitoring. Contains contributions from a global pool of authors with a wide range of backgrounds and disciplines, making this an authoritative and compelling reference Presents the appropriate tools used in monitoring and controlling coastal management, including innovative approaches towards community participation and the implementation of bottom-up tactics Includes case studies from across the world, allowing for a thorough comparison of situations in both developing and developed countries