ROB ROSE: Harvard economist’s plan to fix South Africa
Ditch cadre deployment and go for green growth, says new report
Ricardo Hausmann, the economics professor leading Harvard University’s Growth Lab, knows a thing or two about how a country’s economy can collapse.
He was, after all, minister of planning in Venezuela from 1992 to 1993, six years before the election of Hugo Chávez, who imposed economically ruinous populist measures, including price controls and nationalising banks...
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.