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South Africa is an economy that is really important to understand as a kind of potential outcome case study of inequality gone bad. The nation itself, on paper at least is not so terrible, it is actually one of if not the wealthiest nation in all of Africa, trading back and forth quite frequently with Nigeria.

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📚 Want to learn more about the economy of South Africa? We recommend reading "Diamonds, Gold, and War: The British, the Boers, and the Making of South Africa",
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#Economics #SouthAfrica #VideoEssay

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Sources & Citations -

Marais, H., 2001. South Africa: Limits to change: The political economy of transition

Fine, B., 2018. The political economy of South Africa: From minerals-energy complex to industrialisation

Magubane, B., 1979. The political economy of race and class in South Africa (Vol. 167). New York: Monthly Review Press.

Power, M., Newell, P., Baker, L., Bulkeley, H., Kirshner, J. and Smith, A., 2016. The political economy of energy transitions in Mozambique and South Africa: The role of the Rising Powers. Energy Research & Social Science

Arrow, K., Bowles, S. and Durlauf, S.N. eds., 2018. Meritocracy and economic inequality. Princeton University Press.

Reeves, A., 2017. Economics: The architecture of inequality. Nature, 543

Assouad, L., Chancel, L. and Morgan, M., 2018, May. Extreme Inequality: Evidence from Brazil, India, and South Africa. In AEA Papers and Proceeding

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