n Africa Insight - The state of the economy as a basis for human development : evaluated against the accelerated and shared growth initiative for South Africa

Volume 36, Issue 3_4
  • ISSN : 0256-2804


The purpose of this article is to evaluate the current state of the South African economy against the Accelerated and Shared Growth Initiative for South Africa's (AsgiSA's) challenge and objectives. This study investigates whether the broad strategic objectives outlined in the Initiative can form the basis for human development within the context of the 'dual economy'. The article argues that while AsgiSA could conceivably provide such a foundation, it would need to be propagated and accepted first by all as official policy. The author further states that a relatively good social safety net has been developed since 1994, but cautions that the unemployed, underemployed and poor do not always share in the growth and development of the economy.

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