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Why Isn't South Africa Growing Faster? A Comparative Approach

Why Isn't South Africa Growing Faster? A Comparative Approach by Luc Eyraud
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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.
International Monetary Fund; February 2009
25 pages; ISBN 9781452785394
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Title: Why Isn't South Africa Growing Faster? A Comparative Approach
Author: Luc Eyraud
 
ISBNs
1451916086
9781451871722
9781451916089
9781452785394