With nerves of steel we can reshape trade policy
As nations jostle for market share under cover of the pandemic, steel industry stakeholders should map out a sustainable future
The coronavirus pandemic has altered the way we live and move. It is now up to cities globally to decide whether that is an existential threat or an opportunity to reshape urban mobility. Likewise, now is also the time for SA policymakers to seize the opportunity and rework industrial and trade policy reforms to mitigate the negative effects of the pandemic in a struggling economy underpinned by increasing deindustrialisation, galloping unemployment, persistent poverty and high inequality.
If the government is serious about improving tax revenue, stabilising debt and transforming the economy, the moment is now. If policy decisionmakers consider industrial development, support for struggling businesses, export growth, job creation and import-substitution industrialisation as essential for economic welfare, now is the time for meaningful intervention...
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