The Controversy about Economic Growth (Understanding the ANC today Book 6)
This title looks at the present structure of the South African economy and asks what needs to be done to meet the challenges of deep poverty, high unemployment and growing inequality that still mark the country after fifteen years of democracy. The contributors consider the role that a developmental state could play in effecting change. South Africa is a resource-rich country – according to Citicorp, the richest in the world. But the country and its people do not benefit proportionally from the use of these resources, and the reason for this lies in the realm of public decision-making. We are, moreover, far too risk-averse and engaged in bean-counting rather than in promoting a new expansionary vision for the economy and our people.
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