sticky downwards
BRONWYN NORTJE: Standing on a social, economic, and political precipice
High levels of poverty and inequality have led to a huge rise in populist and nationalistic agendas that can be addressed only with sustained and inclusive economic growth
06 June 2019 - 05:00
As I write this, staff from the International Monetary Fund (IMF) are on their way back to Washington, DC after a routine visit to SA.
The IMF is notoriously anodyne in the tone and content of its reports, mainly due to its role as an international "adviser" rather than an analyst. Still, its most recent release on SA sounds decidedly desperate. I can’t blame it...
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