Prize or Penalty (Clift)

Prize or Penalty by Jeremy Clift published by Finance & Development . “President Jacob Zuma extols the economic impact: ‘The country’s transport, energy, telecommunications, and social infrastructure are being upgraded and expanded. This is contributing to economic development in the midst of a global recession, while improving conditions for investment.`But some economists are skeptical. They foresee large white elephants…Nonetheless, at the end of the day it doesn’t seem to matter whether the economists or the boosters are right.”