Let Economic Freedom and Trust be South Africa's Heritage

October 1, 2020

In 2000, South Africa was ranked at 58th in the Fraser Institute's Economic Freedom of the World (EFW) report. In the 2020 edition, South Africa's ranking was 90th, out of 162 countries and territories. The steady decline of the country's economic freedom is made real in ever-rising unemployment, lower living standards, rising poverty and hunger, and a general sense of hopelessness. The higher a country is ranked, the better generally its people’s lives are. When a country's ranking declines, the opposite is true. On this Heritage Day, heading out of the COVID-19 lockdown, South Africans should strongly consider the country’s direction, and the kind of heritage we want to leave for future generations