Browsing All posts tagged under »belt tightening«

SA’s New Growth Path: enter Son of Gear

November 24, 2010

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South Africa seems enamoured of acronyms, and national economic policy has provided three over the past 16 years: RDP, GEAR and now, NGP. The one consistent element appears to be that, while the names may change, nothing fundamental seems to alter; "trickle down" economics still rules.