5 things South Africa should consider for an economic plan

The Money Show’s Bruce Whitfield interviewed Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria.

Fioramonti discussed five big things South Africa should consider for an economic plan.

Scroll down for quotes from the audio below.

Not having taken water into account when designing our economic system was very short-sighted.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

In future we need to integrate what nature gives us into our planning.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

Just looking at jobs is not enough. We need to rethink what we mean by ‘productive work’.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

We have to plan for the economy of the future.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

Some FDI hinders the capacity of our economy to adapt.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

We need investments that is sustainable. We need to take FDI with a grain of salt.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

GDP is a myopic measure of economic performance. We need measures of progress that take long-term prosperity into account.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

40% of energy in Germany is produced by households and small producers. We need co-production models such as this. We need to experiment and see what works.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

Subscribe to our Business Wrap Newsletter


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
5 lessons Mexico can teach South Africa about reviving manufacturing

5 lessons Mexico can teach South Africa about reviving manufacturing

The rise of Mexico seems unstoppable. The same can happen in South Africa, says Dr Lyal White (Gibs).

An emerging markets economist discusses the barely growing South African economy

An emerging markets economist discusses the barely growing South African economy

The economy grew by 0.7% in the third quarter of 2015. Bruce Whitfield interviews EM economist Peter Attard Montalto.

Jacob Zuma plans to create jobs galore by boosting the “ocean economy”

Jacob Zuma plans to create jobs galore by boosting the “ocean economy”

We interview Cape Times Shipping Columnist Brian Ingpen about hopeful plans for South Africa’s ocean economy.

5 things that are driving (and hindering) economic growth in South Africa

5 things that are driving (and hindering) economic growth in South Africa

Why is our economy barely growing and how do we get it going? We spoke to ETM Analytics Chief Economist George Glynnos.

South Africa’s government is running out of money – IRR

South Africa’s government is running out of money – IRR

SA is heading for a fiscal cliff. We've got options, but time is running out, says Frans Cronjé (Institute of Race Relations).

Popular articles
Almost 30 million SA ID numbers compromised after site hacked

Almost 30 million SA ID numbers compromised after site hacked

Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.

Signal jammers and other devices confiscated at China Mall

Signal jammers and other devices confiscated at China Mall

Several communications devices were confiscated from businesses in a raid by Icasa at China Mall on Wednesday.

Michael Jordaan (ex FNB CEO, ex Chair of Mxit) bares his soul about money

Michael Jordaan (ex FNB CEO, ex Chair of Mxit) bares his soul about money

The Money Show's Bruce Whitfield interviews Rain Director Michael Jordaan about his money beliefs and history.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.