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Assessing and promoting civil and minority rights in South Africa.

[Source: BusinessTech.]

Policy missteps and the mismanagement of public resources between 2009 and 2017 could have cost South Africa R500 billion in potential GDP growth – while also losing out on as many as 2.5 million new jobs.

These are some of the findings in a new research note published by the Bureau for Economic Research (BER), which used rudimentary calculations to work out how much South Africa lost out on through economic stagnation after the 2009 financial crisis – when it could have tracked the same growth trends as its peers.

While the note uses relatively simple ‘back-of-the-envelope’ calculations, it does provide insight into the order of magnitude of the cost of the stagnation in the SA economy during that period.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.5% y/y in March 2019 (CPI) & +6.2 y/y in March 2019 (PPI)
1.4% q/q (4th quarter of 2018)
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