Fiona Tregenna

"What are the distributional implications of halving poverty in South Africa when growth alone is not enough."

"A new growth path for South Africa."

"The South African governmentrecently released a new economic policyframework, the New Growth Path (NGP).This policy is intended to facilitate ‘arestructuring of the South Africaneconomy to improve its performance interms of labour absorption as well as thecomposition and rate of growth’ (EconomicDevelopment Department)."

"The macroeconomic policies presentedin the NGP are mixed. The monetarypolicy on the one hand commits to lowerreal interest rates and continued targetingof low and stable inflation."