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The post-Apartheid South African economy in perspective: Growth, poverty and economic policy
Presentation at the RBA/UNDP regional project for economic policies in support of MDGs and poverty reduction
Haroon Bhorat, Morne Oosthuizen & Laura Poswell
Development Policy Research Unit, University of Cape Town
SARPN acknowledges the University of Cape Town as the source of this document.
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Contents
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Introduction
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Macroeconomic Policy In Post-Apartheid South Africa
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Economic Performance
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Post Post-Apartheid Fiscal Policy
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Post-Apartheid Monetary Policy
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Measuring Pro-Poor Growth In South Africa
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The Labour Market As A Key Constraint On Growth And Employment
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Conclusion
Introduction
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South Africa = middle income country
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GDP in 2002 in US$
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PPP: 380 billion
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Market e: 104 billion
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GDP per capita in 2002 in US$
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GDP per capita PPP rank = 47
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HDI rank = 111 out of 175
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GDP rank – HDI = -64 (3rd greatest difference)
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Paper: Policies – outcomes in the first 10 years of democracy
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