Opinion
We must get out of this economic rut
Covid has made SA's economic morass even worse but the government response has been woeful - it's time to exploit our under-used resources
14 March 2021 - 00:00
The crippling effects of Covid-19 on most economies have seen governments employing countercyclical measures, adopting unprecedented levels of fiscal stimulus to boost economic activity. A McKinsey & Co report, "The $10-trillion rescue: How governments can deliver impact", ranked the level of relief as a percentage of GDP: Japan 21%, Germany 33%, US12.1%, Brazil 5.5%, India 10% and France 14.6%...
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