CONFERENCE: ALTERNATIVES TO DEBT AND AUSTERITY

🔊 Join us ahead of the 2024 Budget Speech for a conference on alternatives to debt and austerity! 🌍

The Alternative Information and Development Centre will be hosting a two-day conference preceding the 2024 Budget Speech from 14 to 15 February 2024. Today, South Africa spends more on servicing its debt than it does on health, social development, or peace and security. The National Treasury’s focus on a primary budget surplus exacerbates inequality, poverty, and unemployment. Moreover, these austerity measures have been characterised as self-defeating, as they undermine future growth and productivity, thereby shrinking the size of the economy. The purpose of the conference is to highlight the impacts of austerity; assess developments in relation to public debt in South Africa; and explore alternative public debt management strategies including proposing solutions that do not encompass the same problems attributed to austerity.

Register for the following hybrid sessions: 

14 Feb:

11:30 – 13:00 Austerity is the wrong medicine: South Africa’s balance sheet and space for alternatives to austerity (Professors Michael Sachs and Lydia Cairncoss)

REGISTER HERE

15:30 – 17:00 Launch of Public Debt Report: Debt, austerity and the need for debt cancellation (Dominic Brown and Kamal Ramburuth)

REGISTER HERE

17:30 – 19:00 Social Policy Initiative (SPI): Launch of Universal Basic Income (UBI) position paper (Duma Gqubule)

REGISTER HERE

PROGRAMME

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