CLAIRE BISSEKER: Enough with the platitudes, SA is already a failing state
Damage to the economy runs so deep it is unrealistic to expect any big reversal
25 April 2023 - 05:00
SA is in serious trouble. The country has been mired in a crisis of low investment and slow growth for more than a decade. Its growth drivers and fiscal buffers are utterly depleted just at the time when the politics is becoming complex and unpredictable.
The upshot is that SA is experiencing a confluence of economic vulnerability, fiscal fragility and political uncertainty, making it difficult to see how we could pull ourselves out of this death spiral...
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