An emerging markets economist discusses the barely growing South African economy

Statistics South Africa (Stats SA) says the economy grew by 0.7% in the third quarter of 2015.

Economists expected GDP growth of 1.1%.

Are we trapped in a low growth environment?

How can we get the economy growing faster?

The Money Show’s Bruce Whitfield interviewed Peter Attard Montalto, Emerging Markets Economist at Nomura.

Scroll down for quotes from the audio below.

The real problem is that there is no panic.

Peter Attard Montalto, Emerging Markets Economist at Nomura

Growth is nowhere near what is needed to address unemployment.

Peter Attard Montalto, Emerging Markets Economist at Nomura

A major change in tax isn’t possible.

Peter Attard Montalto, Emerging Markets Economist at Nomura

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This article first appeared on 702 : An emerging markets economist discusses the barely growing South African economy


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