LETTER: Learn from Thai entrepreneurs
A small percentage of those who are not formally employed are without jobs in that country
Jonathan Cook’s most recent column refers (“Coul d SA win a world cup in entrepreneurship?” December 5). We would win that world cup if Elon Musk was our representative.
Seriously though, consider Thailand and SA. Employment statistics categorise workers as being formally employed, self-employed or unemployed. Thailand and SA have similar proportions in the ranks of the formally employed, but vastly different numbers of unemployed.
In Thailand, a few percent of those not formally employed are unemployed — everyone else is self-employed. In SA, most of the not formally employed are unemployed.
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