Economic impact of the world summit on sustainable development
JH Martins, C Van Aardt
South African Journal of Economic and Management Sciences · 2004
doi:10.4102/sajems.v7i3.1360 (opens in a new tab)
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Abstract
South Africa hosted the World Summit on Sustainable Development (WSSD) in 2002. This event is regarded as the single biggest conference to be held anywhere in the world. The aim of this paper is to set out the estimated economic impact of the WSSD and its parallel events on South Africa. This impact can be expressed in monetary terms as well as employment figures. The impact is calculated by using an input-output model and employment spin-offs determined from the IO table by using partial multipliers. The input data were derived from a survey amongst WSSD delegates as well as information on government and private investments made.
Abstract licence: CC BY
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