[lbo-talk] S. Africa's flimsy economy

Patrick Bond pbond at mail.ngo.za
Mon Mar 27 01:39:21 PST 2006


----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com>
> I'm pretty sure the constant rand figures are just what the SA government
> gives them.

Well, we know Pretoria tortures the data until they confess. There have been umpteen data revisions (largely to pick 'informal sector' activity), including the erasure of a recession in late 1998 - without correcting the historical data series. Caveat emptor.

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