Prof Kuben Naidoo: Inequality is bad for growth

Posted by Melt van Schoor on 2012-09-25

Kuben Naidoo, former head of the Secretariat of the National Planning Commission in the President's Office and honorary professor in Economics at Stellenbosch University recently delivered a lecture in Stellenbosch to students, university staff and visitors on the topic of inequality and growth. He reviewed recent theoretical and empirical research showing various reasons why inequality, particularly very high inequality such as found in South Africa, is likely having a strong limiting impact on economic growth and carries the potential for further destabilization. He distinguished between income and asset inequality and identified human capital as a particularly important mechanism that perpetuates inequality over time. Especially with regards to the latter, a serious policy challenge exists as the education system has failed in many areas despite a substantial increase in resources being allocated to it.

Login

(for staff & registered students)



Need a password?
Forgot your password?

Upcoming Seminars

No seminars are currently listed. Please check back soon.
 
More...

BER Weekly

7 Feb 2025 A sensible SONA as Trump tangoes with tariffs and targets SA
It was a week filled with geopolitical upheavals. The fallout from President Ramaphosa’s signing of the Expropriation Bill continued to unfold. Just as tensions between the ANC and DA within the GNU appeared to be shifting toward constructive dialogue, US President Donald Trump chimed in on Sunday on social media. Meanwhile, SA President Cyril Ramaphosa...

Read the full issue
 

Upcoming Seminars

No seminars are currently listed. Please check back soon.
 
More...

BER Weekly

7 Feb 2025 A sensible SONA as Trump tangoes with tariffs and targets SA
It was a week filled with geopolitical upheavals. The fallout from President Ramaphosa’s signing of the Expropriation Bill continued to unfold. Just as tensions between the ANC and DA within the GNU appeared to be shifting toward constructive dialogue, US President Donald Trump chimed in on Sunday on social media. Meanwhile, SA President Cyril Ramaphosa...

Read the full issue