Recent events in South Africa’s mining sector, while tragic, are also symptomatic of wider economic problems that are likely to mean the country falls short of achieving its significant growth potential over the next decade. We believe that South Africa will continue to muddle along at growth rates of around 3%, despite having the capacity to achieve around 5% with the aid of supply-side reforms. Accordingly, it will continue to be outperformed by other emerging markets, particularly those in sub-Saharan Africa, but also those in Asia.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services