Friday, April 11, 2008

Not all economic growth is good

What was argued for Africa in an earlier blogpost is also the case in South Africa. Not all economic growth is good, in fact, it can be harmful. 

South Africa’s economic growth over the last decade can be characterised as growth driven by the affluent. This period of relatively good economic growth can also be said to have increased inequality and not to have been environment friendly.
Click here for the full article.

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