Answer to Question #234933 in Macroeconomics for Kutloano

Question

How successful was the New Growth Path in influencing economic growth and development in South Africa

Answer 1

The principal target is to make five million employment opportunities for the citizens of South Africa over the next ten years. Currently, the New Growth Path has not completely achieved its set target. However, the policy has affected the economy in South Africa positively at a rapid rate.

Therefore, it is very successful since it has improved the economy of the country to seven percent recently.