from Development Channel

New From CFR: Backgrounder on South Africa’s Economy

May 22, 2013

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In a new CFR Backgrounder, CFR.org’s Christopher Alessi explores the lingering inequalities in South Africa’s economy and the obstacles to faster growth, from educational failures to a shortage of labor-intensive manufacturing. As he writes:

...despite the great advances of the past twenty years, the economic circumstances of most South Africans have remained largely unchanged. Income inequality, a legacy of apartheid-era education policies, remains the greatest challenge facing South Africa today, experts say. The failure of the governing African National Congress to deliver on its economic promises has fueled social unrest and poses a threat to its leading economic and political position in Africa.

You can read the full Backgrounder here.

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