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Vol 47 No 24

Published 1st December 2006

South Africa

Forget the politics, say advisors

An overpriced rand and government protectionism block foreign direct investment and economic growth. That is the view of a team of Harvard University economists, who are advising the government on its Accelerated Shared Growth Initiative for South Africa (ASGI-SA). Its target is to halve unemployment and poverty by 2014 - and to boost growth to 6% by 2010.

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