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Why Isn't South Africa Growing Faster? A Comparative Approach
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Why Isn't South Africa Growing Faster? A Comparative Approach
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eBook
Why Isn't South Africa Growing Faster? A Comparative Approach
2009
Overview
The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow growth in South Africa.
Publisher
International Monetary Fund
Subject
ISBN
1452785392, 1451916086, 1451871724, 9781452785394, 9781451871722, 9781451916089
