The article highlights South Africa's concerning economic situation, marked by an unsustainable debt-to-GDP ratio, persistent load-shedding, and strained international relations, particularly with the United States. It argues that the country's long-term economic growth depends on stronger institutions and accountability, urging for electoral reform and a shift from aid dependency to investment attraction.
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.the country’s government debt to GDP ratio is unsustainable at 73.45%. In other words, our debt stock is worth nearly three-quarters of the total value of goods and services produced in the country in any given year.
But it is only ever likely to be as strong as the underlying set of informal norms onto which it is mapped. No doubt there will be material in there on how his government of national unity plans to deliver economic dividends for the shareholders of the country — the citizens. First, the country’s government debt to GDP ratio is unsustainable at 73.45%. In other words, our debt stock is worth nearly three-quarters of the total value of goods and services produced in the country in any given year. This ratio is up from 44.1% 10 years ago.
And now — although we’re not alone — Trump has decided to also cut aid to South Africa, pending a review into how the United States distributes its global development assistance.
SOUTH AFRICA ECONOMY DEBT ACCOUNTABILITY INSTITUTIONS GOVERNANCE LOAD-SHEDDING INTERNATIONAL RELATIONS UNITED STATES
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