SA often wrongly seeks economic growth lessons from countries to whom we should perhaps not compare ourselves too closely.

Within Brics, for instance, India, China and Russia offer almost no relevant comparison due to stark differences in sheer population, size, economic composition and culture. Brazil’s economy hardly seems one we would seek to emulate, and the new Brics members also have little relevance. Lessons from the developed world are only sometimes useful, coming as they do from such different contexts and with such massively different resources...

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