Advertisement

Health, Education and Productivity

  • Alan Whiteside

Abstract

Productivity has become something of a catchphrase in South Africa in recent years, but there is no denying its importance in enhancing the competitiveness of a firm or country. Productivity may be defined, in the widest sense, as representing

the relationship between physical output and the capital, labour, materials and energy required to produce that output. That is, productivity is a physical output per unit of capital, unit of labour, unit of energy and unit of raw materials. Productivity improvement involves the better and more efficient utilisation by management of all production resources to ensure maximum output at minimum cost. (NPI, 1994: 1).

Keywords

Social Rate Public Health Expenditure Physical Output South African Institute South African Child 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1996

Authors and Affiliations

  • Alan Whiteside

There are no affiliations available

Personalised recommendations