Our Land, Our Rent, Our Jobs: Uncovering the Explosive Potential for Growth Via Resource Rentals

South Africa, like many countries in Africa, is resource rich but the benefits are not shared by the whole population. High levels of unemployment are leading to increasing conflict and violence, undermining the brighter future hoped for when apartheid was abolished. The authors set out a proposal to unleash their country’s potential for growth in a way that benefits investors and the poorest by reforming taxation—a blueprint for other developing countries. The rapid development of Taiwan a...