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

18 September 2017
Data reported on the domestic economy last week covered the current account balance for Q2, as well as retail and wholesale sales in July. Accordingly, SA registered its third consecutive trade surplus in the second quarter. Despite this improvement on the back of higher commodity prices, transfer payments to the Southern African Customs Union (SACU)...

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BER Weekly

18 September 2017
Data reported on the domestic economy last week covered the current account balance for Q2, as well as retail and wholesale sales in July. Accordingly, SA registered its third consecutive trade surplus in the second quarter. Despite this improvement on the back of higher commodity prices, transfer payments to the Southern African Customs Union (SACU)...

Read the full issue