Saturday 11 July 2020
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allafrica - 1 month ago

South Africa: The Impossible Task of Forecasting South Africa s Economic Future

[Daily Maverick] Forecasting has never been easy and economists have been mocked in the past for their chequered history of predicting economic outcomes. The Covid-19 crisis has thrown a curveball that has resulted in a sudden and massive divergence in economic growth projections. Instead of discounting the reliability of these forecasts, we should understand how economists got there and what risks they see standing in the way of a desperately needed economic recovery.

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