SUSTAINABILITY and ESG for GROWTH

Elias Masilela was the keynote speaker at the AIFAM Regional Forum, held in Gaborone, Botswana.

The developmental state: what does it mean for South Africa?

Within the realm of governance and growth studies, there are various theories regarding the role of the state in promoting economic growth and supporting development. One particular theory, which is increasingly popular in South Africa, is the so-called ‘developmental state.’ Originating from a description of the South East Asian growth experience, this term generally refers to a country that is committed to using state institutions to drive economic development or bolster the social welfare of their citizens.