Browsing All posts tagged under »economic growth«

Turning the (non-existent) economic corner

November 24, 2010

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We have turned the corner economically. That is the ongoing claim from politicians, pundits and mainstream media commentators. But, as Federation of Unions of SA general secretary Dennis George has noted: “Growth without job creation is meaningless. It certainly is for the overwhelming majority of the population, and this is a situation that applies across the world, although not in any uniform manner. For all the optimistic pronouncements, the global economic crisis continues and there is no sign that it is ending.

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.

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Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.

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