Publisher's Synopsis
Growth or Stagnation? provides the reader with a comprehensive view of the most important economic problems besetting South Africa during the post-apartheid period. The analysis, which is carried out within a framework which combines economic and political analysis, is anchored in a long-term perspective, going back a full century. The individual essays, which have been written at approximately one-year intervals, make it possible to follow the evolution of the South African economic policy debate. Special care is taken to highlight the main problems of the main policies proposed. The different policy documents are linked to each other and compared, not least in terms of their realism. The main emphasis is on the growth-employment-redistribution triad, since this is what has dominated the South African discussion for the last five years. Growth, in particular, is brought to the forefront, since growth is the key to the future. Without growth, no employment and no improvement of the living standard of the poor.
