Policy Change and Economic Growth : A Case Study of South Africa

  title={Policy Change and Economic Growth : A Case Study of South Africa},
  author={David Faulkner and Christopher Loewald and david. faulkner},
South Africa’s growth experience provides an example of how contrasting growth trends – long-term decline followed by improved growth – pivot around political change, in this case a transition to democracy. In the decade prior to 1994, South Africa experienced the worst period of economic growth since the end of the Second World War, with growth variable and declining. The proximate causes of slowing growth were trade and …nancial sanctions in opposition to the Apartheid government, political… CONTINUE READING


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