Poverty and inequality in South Africa could be transformed by new economic model
This paper explores how big economic decisions in South Africa impact poverty and inequality by combining two types of economic models. By joining up a microsimulation model with a Computable General Equilibrium model, the researchers can spot who benefits or loses from different policy changes. This helps them look closely at how policy shifts affect poverty and inequality in the country. Ultimately, this approach lets them see the real winners and losers when major economic decisions are made in South Africa.