Structural Constraints To Curb Long-Term Growth

December 2008
Africa Monitor: Southern Africa;Dec2008, Vol. 13 Issue 12, p1
Country Report
The article forecasts the economic condition of South Africa from 2008-20017. The real gross domestic product (GDP) growth of the country is expected to increase by 3.8%, while South African Reserve Bank (SARB) is projected to cut interest rates from 12% to 8%. However, the ongoing structural shortcomings will continue to limit the country from attaining its long-term growth potential. Economic policies changes following the 2009 presidential elections will represent the greatest economic risk.


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