Articles on Economic growth

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Load shedding has stopped in South Africa over the last year but that doesn’t mean the country’s power problems are all gone. Shutterstock

It’s time South Africa learnt from others and overhauled its power sector

It would be better to proactively restructure South Africa's electricity sector to spur innovation and investment and reduce costs before another crisis hits and further derails the economy.
Malcolm Turnbull faces many challenges in transitioning Australia to a post-mining boom economy. Lukas Coch/AAP

A snapshot of the challenges facing the new Turnbull government

What are the key policy challenges facing the new Turnbull government in terms of economic growth and budgets, cities, transport, energy, school education, higher education and health?
Economic reality has intruded on rosy budget predictions for years now and the Pre-election Economic and Fiscal Outlook may soon challenge Treasurer Scott Morrison’s forecasts. AAP/Mick Tsikas

Three critical tests for Budget 2016: how does it fare?

Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
Wole Soyinka should rather galvanise like-minded Nigerians and demand that Nigeria’s looted treasury be returned. Reuters/Akintunde Akinleye

Nigeria needs a credible economic plan – not a confab

Nigeria's economy is indeed under severe strain but sub-Saharn Africa's most populus nation won't solve its economic problems via an emergency national confab.
Agriculture remains the major source of employment in Ghana, even though its share in the economy has been in steady decline. Reuters/Thierry Gouegnon

Ghana needs a new strategy to create decent jobs and reduce inequality

Economic growth is a necessary condition for development. But it can only pass the sufficient condition test if growth translates into high-earning jobs. Ghana's recent history illustrates this.

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