South Africa: Radical Economic Policies in Argentina Offer Lessons - but Not a Blueprint - for South Africa
The reforms delivered a fiscal surplus and lower inflation, but recession and spending cuts pushed up poverty and reduced real wages, analysts said.
5 Articles
5 Articles
South Africa: Radical Economic Policies in Argentina Offer Lessons - but Not a Blueprint - for South Africa
Analysis - Economic reform is usually judged by its numbers: inflation, deficits, growth. Less attention goes to the beliefs and habits that decide whether people will accept those numbers, and for how long.
Radical economic policies in Argentina offer lessons – but not a blueprint – for South Africa
In Argentina corruption and failing public services sit alongside heavy reliance on the state. pexels rrodriguesim, CC BYEconomic reform is usually judged by its numbers: inflation, deficits, growth. Less attention goes to the beliefs and habits that decide whether people will accept those numbers, and for how long. Based on my research on comparative political economy and strategy in Africa, Asia and Latin America, there’s an argument to be mad…
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