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Submitted by Manoel Bittencourt on
the lack of innovation you mention is really crucial, since innovation is key, but remember that for innovation to take place we need human capital in place (and then also bear in mind that supply and demand for hk should be moving more or less together), plus other things that SA actually has (the Harvard group gave SA full marks in almost everything apart from the state of the labour market), and it seems that we are going full circle, macroeconomic stability is necessary but not sufficient.