This text has been written to provide readers with the theoretical tools to think critically about South African economic issues. The first part of the publiction outlines the rival traditions in economics, and shows how they are reflected in opposing positions taken on macroeconomic policies in South Africa. This will help readers gain a better grasp of the impact of globalisation on policy choices and of the political economy of demand management. It includes a wealth of up-to-date material on the South African economy, ranging from the economic policy debate to the labour market and inflation targeting. The text has been developed over several years and its accessible approach has already proved highly successful.
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