New book on South Africa from the IMF
The International Monetary Fund has published a new book entitled, "Post-Apartheid South Africa: The First Ten Years". The authors, Michael Nowak and Luca Ricci, argue that "in successfully navigating the transition from apartheid to democracy, the government of South Africa has made impressive gains in stabilizing the economy and laying a firm foundation for higher economic growth and a broad-based improvement in living standards".
The public finances have been strengthened significantly
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