I said yesterday that economic growth is the tide that lifts all boats - the solution to most of our problems - but what were the drivers of growth this year, and what can we expect in 2023?
There are of course growth theories and empirical research on what determines economic growth, but today I want to quickly talk about drivers on the spending side of the economy: household consumption spending, business investment, government spending and net exports.
* The Economics Minute is supported by the NWU Business School.
