Likewise, citizens’ access to public officials to voice their concerns is correlated with a higher state of well-being. It is worth noting the most recent findings by the Institute for Management Development responsible for the publication of the World Competitiveness Yearbook. The 2015 Yearbook indicates that SA occupies position 53 in terms of its competitiveness within a group of 61 countries surveyed.
With the promise of unprecedented petro-revenues possible, host governments are working on bold, detailed and  BIS central bankers’ speeches  3  comprehensive local content policies as they eye the next phase. All these plans could be jeopardised if oil prices do not rebound in the medium term.