When Zuma Goes
![When Zuma Goes](/img/big/01/62/97/1629790.jpg)
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Оглавление
Ralph Mathekga. When Zuma Goes
Foreword by Justice Malala
Prologue
ONE
TWO
THREE
FOUR
FIVE
SIX
SEVEN
EIGHT
NINE
TEN
ELEVEN
TWELVE
THIRTEEN
Epilogue
List of abbreviations
Endnotes
Acknowledgements
Отрывок из книги
RALPH MATHEKGA
my parents, Solomon and Constance Mathekga, for always encouraging me to make my case whenever I feel I have a case to make.
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Mbeki, on the other hand, steadfastly built the capacity of the state. In order to implement the complex macroeconomic policy that South Africa adopted after the collapse of apartheid, the state needed to be capable and the bureaucracy needed to be in place. This was achieved under Mbeki, notably in the strength of the National Treasury under Finance minister Trevor Manuel. While the National Treasury’s role, responsibilities and areas of function are well provided for in the Constitution, Mbeki protected its financial management system against populist demands for relaxed fiscal targets.10 Mbeki also protected the South African Reserve Bank’s monetary policy, particularly the inflation targeting practice that has come under severe attack by the Congress of South African Trade Unions (Cosatu) and some within the ANC.
The protection of such institutions from populist and party onslaught represents further consolidation of bureaucracy in South Africa. But the ANC had yet to learn the lesson that you cannot just spend money as you wish. The idea had not sunk in that you cannot run a deficit to fund policies that you think are important. Fiscal discipline, proper fiscal management and the idea of ‘fiscal reality’ are usually seen as convenient ways of blocking the implementation of progressive policies in newly liberated countries. The absence of these traits in a system usually indicates a poor level of bureaucratic development.
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