International Journal of

Business & Management Studies

ISSN 2694-1430 (Print), ISSN 2694-1449 (Online)
DOI: 10.56734/ijbms
Economic Policies in South Africa since 1994: Leaning to the Left or Right?

Abstract


This article analyzed the economic policies of the African National Congress (ANC) government of South Africa since 1994. The policies implemented were analyzed as policies which can be regarded as left- or right-leaning policies, and what the effect of the policies was on economic growth, unemployment, inequality and poverty. The study found no clear indication of whether the policies can be classified as left or right. The policies resulted in low economic growth, increased unemployment, and slightly reduced inequality and poverty levels since 1994.