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South Africa: Restoring Confidence to Oil the Wheels for Growth

South Africa: Restoring Confidence to Oil the Wheels for Growth

FromIMF Podcasts


South Africa: Restoring Confidence to Oil the Wheels for Growth

FromIMF Podcasts

ratings:
Length:
13 minutes
Released:
Jul 31, 2018
Format:
Podcast episode

Description

It’s been almost 25 years since the end of apartheid, the system of institutionalized racial segregation that left most South Africans with limited access to basic services. The post-apartheid years saw remarkable progress in poverty reduction, access to education and healthcare and reducing unemployment. But some of those early achievements have unwound recently amid slow growth and political uncertainty. The IMF’s latest assessment of South Africa’s economy projects real GDP growth will stay slightly below 2 percent in the medium term, not enough to increase living standards or make a dent in unemployment. Ana Lucia Coronel heads the IMF team for South Africa, and in this podcast Coronel says fighting corruption and improving education will help revive economic growth. Ana Lucia Coronel is IMF Division Chief for the Southern Africa region and heads the team for South Africa.
Released:
Jul 31, 2018
Format:
Podcast episode

Titles in the series (100)

Listen to the World's top economists discuss their research and deconstruct global economic trends.