The president's advisors and what they believe

Expect 'industrial policy' to echo in his ears

In November, South Africa’s President Cyril Ramaphosa appointed nineteen members to his Presidential Economic Advisory Council. Its mandate, according to the Council’s website, is to ‘play a significant role in guiding the 7th Administration in its efforts to achieve rapid, inclusive, and sustainable economic growth along with job creation’. Understanding who these economists are – and the ideas they advocate – should, theoretically, tell us a lot about the future economic policy of the country.