Whither South Africa's macro-economic policy? The government has taken its New Growth Path framework to the Wor4ld Economic Forum in Davos, but the unions on the home front, along with the SACP, are deeply divided. Is the NGP another Gear or Asgisa or is it something really new?
November 30, 2010
The Congress of South African Trade Unions (Cosatu) turns 25 in December. But the birthday celebrations around the country will be dampened by heightened tension and some mildly acrimonious outbursts resulting from the content of the government’s New Growth Path (NGP) for the economy and the manner in which it was announced. Like the 1996 […]
November 24, 2010
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.
Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.
January 27, 2011
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