ON THE MONEY
STUART THEOBALD: Government’s exit from vital sectors shatters taboos
The developmental state model is collapsing around us — and that is good news for competitiveness
10 July 2023 - 05:00
The government’s exit from important economic sectors is a runaway train crashing through taboos at an accelerating rate. The “developmental state” model propounded by the past two administrations, which envisages the government directly driving the economy, is collapsing around us.
By default, we are turning into an economy driven far more by the private sector than before...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.