SHAWN HAGEDORN: Hosting the G20 could be a reality check
SA’s geopolitical positioning and economic policies are being emphatically rejected by global trends
10 December 2024 - 05:00
Since our economic path is not viable, the ANC should exploit SA hosting the Group of 20 (G20) by aggressively pivoting its policies to pursue export-led growth. This would be most beneficial when it leads to investor concerns such as improving critical infrastructure being prioritised.
However, meeting basic governance standards is necessary but insufficient to counter SA having the world’s most entrenched youth unemployment crisis. The ANC clinging to localisation policies despite our having a huge purchasing power deficiency is the core problem...
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