South Africa: The battle for jobs, growth and equality, Laura Papi
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South Africa: The battle for jobs, growth and equality
August 08, 2013
 Power station site in Limpopo, South Africa—part of government’s infrastructure investment drive (photo: Siphiwe Sibeko/Reuters/Newscom) |
Despite its many achievements since the transition to majority rule in 1994, South Africa struggles with low growth, widespread unemployment, and sharp social tensions. In its latest assessment of Africa’s largest economy, the IMF projects growth will be 2.0 percent this year, half a percent lower than last year. Laura Papi, the IMF’s mission chief for South Africa says the country needs to pursue planned structural reforms to boost growth and create jobs for a growing population. Laura Papi, IMF, African Department |
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