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Rethinking South Africa s macroeconomic policy approach
CATEGORY: Latest News
AUTHOR: Andrea Teagle
We are in a historical time of momentous changes in macroeconomic thinking that have been driven by the need to respond to crises, said macroeconomics expert Dr Seeraj Mohamed, while speaking at the first of a series of Macroeconomic Policy Dialogues hosted by the Human Sciences Research Council. Mohamed and fellow economists Gilad Isaacs and Alexis Habiyaremye argued that fiscal stimulation is a critical and underutilised tool for overcoming and preventing socioeconomic crises like that precipitated by the COVID-19 pandemic. By Andrea Teagle
Despite the global shift away from neoliberal macroeconomics, South Africa is still anchored in neoliberal economic thought, favouring macroeconomic stabilisation, fiscal austerity and minimal state intervention. This ‘old view’ is encapsulated by the Washington Consensus, according to macroeconomics expert Seeraj Mohamed. The agreement r
The University of Cape Town’s (UCT) Emeritus Professor Crain Soudien presented his research paper
A Rereading of Kies’ ‘The Contribution of the Non-European Peoples to World Civilization’ during the second instalment of the Mafeje-Jordan Seminar Series, held on Wednesday 12 May 2021.
Emeritus Professor Soudien is a former deputy vice-chancellor at UCT, where he continues to contribute to the School of Education and Centre for African Studies (CAS). He recently also concluded his term as CEO of the Human Sciences Research Council. Soudien’s extensive publication record in the areas of social difference, culture, education policy, comparative education, educational change, public history and popular culture – most recently,
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