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IIPP contributes to South Africa's Presidential Economic Advisory Council work around COVID-19
28 April 2020
IIPP Director Mariana Mazzucato continues her work on the Presidential Economic Advisory Council (PEAC) for South African President Cyril Ramaphosa. PEAC is currently focusing on the government’s response to the COVID-19 crisis.
In October 2019, IIPP Director Professor Mariana Mazzucato was appointed by South African President Cyril Ramaphosa to his Economic Advisory Council (PEAC). The Council was announced by President Ramaphosa in the State of the Nation Address to ensure greater coherence and consistency in the implementation of economic policy and ensure that government and society in general is better equipped to respond to changing economic circumstances. In March 2020, Professor Mazzucato participated in a PEAC meeting in Pretoria, where she presented mission-oriented innovation and industrial strategy to the entire South African cabinet.
Since March, the work of PEAC has pivoted towards the government’s response to the COVID19 crisis and Professor Mariana has participated in meetings with President Ramaphosa, government ministers and PEAC members, and has contributed to a paper by a PEAC sub-team on the government’s Growth and Reconstruction Programme post-COVID. She is also focussing her more long-term contributions to PEAC on industrial strategy, state capacity and the green transition.