Articles by Kuben Naidoo

The Budget: both the fiscal stance and ‘structural stance’ are sound

Kuben Naidoo, National Treasury
reads 11,317

Many economists have argued that the government’s fiscal stance in the recent budget is verging on the risky. This article argues that the fiscal stance is both correct and prudent. In addition, the article puts the budget in a broader developmental context, highlighting its contribution to long-term growth and development and to tackling poverty and inequality.

Reducing inequality to promote growth: a proposed policy package

Kuben Naidoo, National Treasury
reads 32,277

Any growth strategy for South Africa should include elements that address inequality explicitly. This article identifies reforms that are likely to support growth in the long term and proposes a policy framework to ensure a more equitable distribution of the dividends of economic growth. These relate to high-quality education for the poor, progressive taxation, a social safety net, anti-monopoly policies and labour market reforms to promote the employment of low-skilled people.