Adam Tooze: The Mixed Record of South Africa’s Economy Since Apartheid
Its GDP has surged, but deep inequalities persist.
South Africa is today the world’s 36th-largest economy, measured by GDP. Yet it still suffers extraordinary inequality, a legacy of its history of apartheid. That makes it one of the world’s great economic success stories of the last 30 years—but also a very unusual one.
Cameron Abadi is a deputy editor at Foreign Policy. Twitter: @CameronAbadi
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Global warming is on pace to pass 1.5 degrees Celsius. Should policymakers be focused on adaptation?
Adam Tooze: Why Iraq’s Economy Never Recovered From the U.S. Invasion
In the 1980s, it had one of the most advanced economies in the Arab world.
Adam Tooze: Why a Soft Landing Is Possible Even if It Defies Economic Theory
Fed inflation targets might need revising in order to avoid a recession.
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