Gill Marcus as governor of the SA Reservebank is the best thing that could have happened to South African economic policy. The voices of reason have won the day (yet again). And South African economic policy might (after all) NOT be facing a “jump to the left”.
These were my first reactions to the news of last weekend. [Read on]
First published on 25/5/2005 on my old blog.
As a journalist in South Africa my two biggest and most pleasant surprises in the years between Nelson Mandela’s release and the 27th of April 1994 were the evolution in the economic thinking of the “democratic movement” (read government-in-waiting) and the incredible depth and quality of leadership in the movement.