South African Budget Must Deliver Reforms, Says Goldman's Coleman
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Business
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University
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Hard
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The video discusses the economic conditions needed to prevent a downgrade by Moodys, focusing on credible structural reforms. It reviews South Africa's past economic underperformance and forecasts a GDP growth rate of 2.3% for 2018, driven by global disinflationary pressures and renewed political confidence. The goal is to achieve a normative 3% growth rate in the long term.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors are contributing to renewed political confidence in South Africa?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the normative growth rate that South Africa should be achieving?
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