EPISODE · Mar 6, 2024 · 2 MIN
We are in a low-growth trap
from Die ekonomie minuut · host Waldo Krugell
The fourth quarter of 2023's GDP and economic growth figures were announced yesterday. The economy grew by just 0.1%. That means we narrowly missed falling into a recession at the end of last year, but a growth rate of 0.6% for the whole year is far too low. This episode is supported by Economic Research Southern Africa and the NWU Business School.
What this episode covers
The fourth quarter of 2023's GDP and economic growth figures were announced yesterday. The economy grew by just 0.1%. That means we narrowly missed falling into a recession at the end of last year, but a growth rate of 0.6% for the whole year is far too low. This episode is supported by Economic Research Southern Africa and the NWU Business School.
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We are in a low-growth trap
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