Andrew Donaldson: Should the South African government redistribute more?

Posted by Johan Fourie on 2014-04-10

At his annual lecture in the Department on Monday, 7 April, Andrew Donaldson, Deputy Director General responsible for Public Finance in South Africa's National Treasury and Honorary Professor in the Department of Economics, asked whether South Africa should increase redistribution through the budget. Citing an IMF study, he noted that there is mounting evidence that, contrary to economic theory, greater redistribution does not have an adverse effect on economic growth. His provocative question resulted in an interesting debate. In the above photo, Prof. Donaldson (top left) listens to a question from the floor.

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BER Weekly

10 June 2019
Domestic financial markets were rattled last week after the release of much weaker-than-expected 2019Q1 GDP figures and mixed messages from the ANC on the mandate of the SA Reserve Bank (SARB). The rand exchange rate weakened significantly through the week. Incoming data for the second quarter, including vehicle sales and the Absa Purchasing Managers'...

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BER Weekly

10 June 2019
Domestic financial markets were rattled last week after the release of much weaker-than-expected 2019Q1 GDP figures and mixed messages from the ANC on the mandate of the SA Reserve Bank (SARB). The rand exchange rate weakened significantly through the week. Incoming data for the second quarter, including vehicle sales and the Absa Purchasing Managers'...

Read the full issue