Economic Policy in South Africa - Growth Plans and Growth Obstacles - International Reports
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Economic Policy in South Africa - Growth Plans and Growth Obstacles
by
Dr. Werner Böhler
In 2010 South Africa impressed the world with an almost perfectly organised Football World Cup. Major infrastructure projects and new world-class stadiums impressively demonstrated the investment and mobilisation capacity of the country. South Africa has weathered even the economic and financial crisis relatively well. Negative growth was 1.8 per cent in 2009 and unemployment grew by about one million. In 2010 however, another good three per cent growth is expected, the inflation at four per cent is within the three to six per cent region set by the Central Bank.