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Introduction

  • Eliphas Ndou
  • Thabo Mokoena
Chapter

Abstract

The South African economy has been growing at a slow pace since the onset of financial crisis in 2007. The economy experienced recessions in the 2009Q1–2009Q3 and 2018Q1–2018Q2 periods. The weak and volatile economic growth does not lead to high job creation. In addition, the subdued growth will not contribute in reducing high unemployment, high income inequality, and may exacerbates other socio-economic imbalances. Given this context the South African policymakers have pointed out in several occasions the need for structural reforms to grow the economy.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Eliphas Ndou
    • 1
    • 3
    • 4
  • Thabo Mokoena
    • 2
  1. 1.Economic Research DepartmentSouth African Reserve BankPretoriaSouth Africa
  2. 2.Department of Economic, Small Business Development, Tourism and Environmental AffairsFree State Provincial GovernmentBloemfonteinSouth Africa
  3. 3.School of Economic and Business SciencesUniversity of the WitwatersrandJohannesburgSouth Africa
  4. 4.Wits Plus, Centre for Part-Time StudiesUniversity of the WitwatersrandJohannesburgSouth Africa

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