‘A dose of reluctant realism’ is the title of a short note we prepared on the President’s State of the Nation address.
In a State of the Nation address focused on the economy, President Zuma stated that a ‘resilient and fast-growing economy’ is at the centre of government’s policy. A clear pro-growth statement was made, dispelling notions of ideological drift within the ANC. Though global economic conditions and the analogous experiences of other commodity-exporting economies got some airtime, Thursday’s speech also highlighted the domestic constraints that have stifled growth, such as energy shortages and labour unrest.
You can download and read the rest of the note here: State of Nation 2016 – A dose of reluctant realism