Report

Shared Growth and the Role of the State

“The discussion has shown that there are many key areas relating to the role of the state and growth where there is broad agreement and a strong commitment to take action and find solutions. Almost all the participants agreed that: Levels of poverty and inequality are far too high,and something must be done to both increase prosperity and share it more equitably. There is a clear need for a strong, smart state. The skills shortage is affecting the state’s performance as well as the economy’s ability to compete on a world stage. The developmental state cannot achieve its goals unless it establishes an effective partnership with business. Creating more jobs for South Africa’s poor is a far more desirable strategy than increasing people’s dependence on welfare.”