Core elements of the Growth Employment and Redistribution (GEAR) strategy of the South African government

INTRODUCTIONThe core elements of the Growth Employment and Redistribution (GEAR) strategy of the South African government in 1996, under the leadership of the finance minister Trevor Manuel were amongst other things: 1. budget reform to strengthen the redistributive thrust of expenditure 2.monetary policy to prevent a resurgence of inflation 3.a reduction in tariffs to contain […]

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