RICARDO HAUSMANN: Growth through inclusion: the key to unlocking SA’s economic potential
It is crucial to leverage human capabilities, knowledge, assets and natural endowment fully
In the face of SA’s challenges — slowing growth, high unemployment, deep-seated inequality and mounting fiscal problems — it becomes evident that these are not isolated issues but symptoms of a single plague: a collapse in state capacity.
In addition, persistent spatial exclusion, a more structural player in this narrative, compounds the plight of many, leaving regions and people away from economic opportunities. Our new report, which follows a two-year research engagement by Harvard University’s Growth Lab in the US, explores how these factors are interconnected and recommends strategies to mitigate or reverse their impact on the economy...
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