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Reigniting Economic Growth: Lessons from three centuries of data

Roy Havemann & Edward Kerby
We estimate that since 1701, South Africa has experienced 163 years of per capita growth of more than 1 per cent a year. These expansions include 55 years of sustained per capita GDP growth of more than 3 per cent a year – windfall periods that were related to the discovery of diamonds and gold,...
Feb 2021
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