South Africa; Selected Issues
This Selected Issues paper discusses the policy response by a sample of central banks to the ongoing oil and food price shocks in South Africa, drawing some lessons, which can help put in context developments in the country. The paper discusses first- and second-round effects of “supply shocks,†and attempts to gauge second-round effects in South Africa. The paper also analyzes the factors that have constrained South Africa’s growth since the end of apartheid, by comparing its GDP components and its saving and investment performance with those of a panel of faster-growing countries.
Year of publication: |
2008-10-22
|
---|---|
Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Economic growth | Economic indicators | Employment | External shocks | Savings | Selected issues | Taxation | inflation | monetary policy | relative price | central bank | monetary fund | inflation targeting | inflation target | price inflation | monetary policy decisions | aggregate demand | monetary economics | relative prices | inflation targeting framework | monetary policy rules | monetary authorities | optimal monetary policy | monetary conditions | variable inflation | inflation rate | wage inflation | inflation-targeting | retail price index | high inflation | rising inflation | rates of inflation | monetary policy ? regime | rate of inflation | increase in inflation |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
Monetary Policy and Relative Price Shocks in South Africa and Other Inflation Targeters
Cuevas, Alfredo, (2008)
-
The Inflation Targeting Framework in Norway
Soikkeli, Jarkko, (2002)
-
Adopting Inflation Targeting; Practical Issues for Emerging Market Countries
Zelmer, Marc, (2000)
- More ...
Similar items by person