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Making South Africa Whole
Although COVID-19 has left the South African economy in dire straits, there is plenty that the government could do to manage the emergency and restore prospects for long-term growth. In fact, by focusing squarely on the fiscal trade-offs, the country's most pressing needs could be addressed with current resources.
CAPE TOWN – No society can survive with 50% unemployment, yet that is exactly what South Africa may be facing by the end of this year. Joblessness alone, exacerbated by the COVID-19 pandemic, has forced the country into a state of economic emergency.