School of Construction Economics and Management (Journal Articles)

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Browsing School of Construction Economics and Management (Journal Articles) by Author "Ndlovu, Pride"

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    Investing in the Future: A Comparative Analysis of Green Technology Investments and Youth Unemployment in the US and South Africa
    (Common Ground, 2024-05-14) Weaich, Malcolm; Weaich, Sherwyn; Simbanegavi, Prisca; Ndlovu, Pride
    This study explores the nuanced relationship between sustainable investments, particularly from entities such as the United States (US), and their impact on unemployment trends in South Africa, contributing to discussions on sustainable development goals (SDGs). Utilizing a quantitative approach with data from sources such as the World Bank and Statistics SA, this study employs statistical and econometric methods to assess the socioeconomic consequences of international sustainability funding. The findings indicate a significant link between US sustainable investments and youth unemployment in South Africa, challenging and reinforcing existing research. It depicts that while foreign investments in green initiatives are crucial, they may inadvertently affect local employment negatively. This study recommends policy adjustments in both US and South African legislation to align foreign investments with SDGs, aiming to mitigate youth unemployment. This study underscores the importance of understanding the implications of international funding conditions on local economies, offering insights for policymakers and scholars to develop strategies that leverage sustainable investments for economic growth and employment opportunities. This study provides a fresh perspective on the dynamics between international investments and local unemployment, offering valuable insights for economic planning and policy formulation in South Africa and across other African nations.