Economic growth and equity in the Western Cape

Abstract

Over the last few decades the tenet of economic growth has been central to the policies and priorities of most nations and regions of the world. Increasingly however the concept of growth is being questioned. This questioning is primarily the result of a growing realization that growth is creating many problems, the magnitude of which are enormous that in many cases the benefits of growih are not passed on to the mass of the people and that in the quest for economic "development", many significant societal and cultural characteristics are being destroyed (Goulet, 1971).