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New Growth Path wins praise from Nobel laureate Stiglitz.
Byline: WYNDHAM HARTLEY
New Growth Path wins praise from Nobel laureate Stiglitz Parliamentary Editor CAPE TOWN Economic Development Minister Ebrahim Patel's New Growth Path has received a ringing endorsement from Nobel economics laureate Joseph Stiglitz, a former chief economist at the World Bank who served on the panel that advised the government on developing a new economic policy. Since its release to the public, the New Growth Path has been harshly criticised by both business and organised labour. Business is concerned about the increase in state intervention in the economy, and trade unions are unhappy about proposed wage freezes in the private sector. Business Unity SA …
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