South Africa’s economy needs a shot in the arm, not austerity: 3 key areas where more public spending would get results

Antonio Guterres recently raised the alarm about the risk of increasing debt for African countries. Institutions like the International Monetary Fund are advocating to follow austerity policies in the continent. In this piece for The Conversation Africa, Thokozile Madonko from the University of the Witwatersrand, and Fabio Andrés Díaz Pabón reflect about the South African case; and argue how public investment can help the future of countries, as opposed to mortgaging it. Read the article.