Final answer:
South Africa's high youth unemployment due to an employability problem is being addressed with training programs and fiscal measures to increase education and vocational opportunities. Long-term economic stability will require developing industries like manufacturing and improving the investment climate.
Step-by-step explanation:
The question of whether South Africa should rely on one of the popular economic policies to tackle issues such as unemployment is complex and highly dependent on specific national circumstances. South Africa faces a unique challenge where its youth unemployment is predominantly due to an employability problem. The young population, while academically capable, often lacks the practical skills required in the job market. To address this, South Africa has initiated programs to pay unemployed youth while they receive on-the-job training and apprenticeships. Making progress also requires increasing fiscal expenditure, encouraging domestic savings, continuing to fund investment in education, vocational training, and attracting foreign investment, particularly from technology leaders to stimulate economic growth.
Social stratification in South Africa, partly a legacy of the apartheid policy which ended officially in 1994, continues to impact employment and social opportunities. Additionally, sectors such as manufacturing are underdeveloped, limiting opportunities for creating a stable middle class. For a sustainable economic boost, not only short-term events like the 2010 FIFA World Cup, which South Africa hoped would increase tourism and improve global market standing, but long-term investments and policy changes are essential.