Economist Thomas Piketty's visit to South Africa to deliver the 13th Nelson Mandela Annual Lecture in early October gives us an opportunity to ponder new ways to deal with the pressing issue of inequality. Imraan Valodia of Wits University looks at three things the country could learn from Piketty’s work.
Moody's recently downgraded its rating of South Africa's economy, but that should not prevent the country from planning for the long term. The idea of long-term goals rather than a short economic cycle had currency at a debate on building an inclusive economy, where the example of Germany's reunification was also flown.
The way forward for South Africa is to boost competition and promote regional trade integration. These are critical for restarting the nation's idling export engine to bolster growth, which in turn will help to create jobs and cut poverty.
Profound political, economic, social and technological forces are transforming our world, according to the World Economic Forum. The trick is in how the world responds - a topic the forum will address at its annual Davos gathering in late January. And South Africa will be there.
Brand South Africa will be in Davos for the annual World Economic Forum meeting of world leaders. It will be in Switzerland to tell the story of the country's achievements in the past 20 years of democracy, and to speak about the way forward.
The Young Economists for Africa, a group of social science and economics students, showed students from three Soweto schools that economics can be "fun", through making them solve some real-world challenges facing South African townships.