New policy ideas to achieve higher SA growth and create millions of jobs
Resolving poverty, inequality and unemployment impossible without major changes in economic policy
6 April 2016
The Centre for Development and Enterprise (CDE), today called for major policy reforms to rid the country of poverty, unemployment and excessive inequality, at the launch of its Growth Agenda series of policy reports (see here).
Speaking at Constitutional Hill to leaders in business, government, civil society and the media, Ann Bernstein CDE’s executive director said “South Africa is in deep trouble. Continuing with our current policy framework will not result in the millions of jobs and much higher growth that we need. It is time to challenge the conventional wisdom about growth, poverty and employment. If we don’t reform – with purpose and speed – much that has been achieved since democracy could unravel.”
She said CDE’s suggestions for economic reform will play to SA’s strengths and ensure that the country is able to harness its world class business community and rapidly growing cities to deliver the growth and mass employment the country desperately needs. “We need to rethink the approach to development, focus on our strengths and follow a much more market-friendly approach.”