Private investment drives South African economic growth, public investment hinders.
The study looked at how public and private investments affect economic growth in South Africa. Private investment helps the economy grow in both the short and long term, while public investment has a negative impact on long-term growth. Public investment can crowd out private investment in the short term, but infrastructure public investment can actually attract private investment in the long run. Overall, private investment is more important for economic growth in South Africa than public investment.