Cyril Ramaphosa 🇿🇦

@CyrilRamaphosa ↗

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Last Checked May 6, 2022

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Wed Apr 06 16:29:07 +0000 2022

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Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

In 1970, GDP per head in South Africa stood at just over half that of the average G7 level, at 53%. By the end of the 1980s, South Africa’s relative GDP per head had shrunk to a third of the G7 average and by 1994 it was closer to a quarter. — PolitiTweet.org

Posted April 6, 2022

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Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Yet for significant parts of the developing world, especially Africa and Latin America, convergence has been elusive. In the case of our own country, the past decades have brought periods of divergence. https://t.co/5RiAAiBlPz — PolitiTweet.org

Posted April 6, 2022

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Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa

Although there were periods of improvement towards 2009, the ratio fell back to 26% by 2018. By way of contrast, China clocked in at 2% of the G7 average in 1970 and surged to a third by 2018. We have to ask ourselves: why are we falling behind? — PolitiTweet.org

Posted April 6, 2022