EXTRACT

We must build on lessons from Southeast Asia. It would lead towards higher levels of fixed capital investment; increased investment in research & development and technology; a renewed focus on human capability; and collaboration between the state, private sector and civil society. Taking this high road is, however, premised on renewed political will and imagination; a stronger, more capable state and greater collaboration across society.

In mapping the path ahead, we must capitalise on the optimism accompanying President Cyril Ramaphosa's ascent. A good foundation has been laid with the president's announcement of the new economic stimulus package. It is critically important that a broad coalition unites behind it.

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