This time of year there are many posts out there with views on the shape of the economy, what to expect in 2013, trends for 2013, ect. They are all fine, but I have been getting worked up about how they are often set against the background of the challenges that the SA economy faces: a low economic growth rate, high unemployment rate, poverty and inequality. But then the discussion that follows is mostly about short-term concerns over interest rates and exchange rates that can play only a small role in addressing those challenges.
So I wrote a whole post about it on the School's blog: The SA economy in 2013.
And by the way, if you are interested in the things that need to get done for the long-term, have a look at Johan Fourie's post: Five wishes for the new year. It's good stuff.
No comments:
Post a Comment