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July 15, 2008

The OECD's economic assessment of South Africa

The welcome acceleration of real GDP growth in the past few years has done little to improve South Africa's ranking relative to other middle-income countries, as faster growth has been a worldwide phenomenon; South Africa's growth rate still trails behind those of the most dynamic emerging economies.

And while trend growth of total factor productivity also appears to have turned up, it is still only around average for a country of South Africa's per capita income level.

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Posted by StaffWriter at July 15, 2008 8:24 AM