Also, given that both GDP and employment are a direct function of capital investment, our economy will not recover strongly as long as our corporate income tax is globally uncompetitive.
Plans for a great network of urban motorways were frustrated, as were dreams of rigorously separating areas according to function employment here, shops there, houses somewhere else.
In this scenario, the increased commodity prices would be a function of strong demand, probably accompanied by increased employment and wages that would offset higher prices.