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The main objective of this paper is to analyse the inflationary impact of exchange rate depreciation in South Africa over the period 1984-1998 when the monetary authorities adopted a more market-oriented exchange rate system. Although the empirical part of the paper extensively focuses on this...
Persistent link: https://www.econbiz.de/10011532197
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The main objective of this paper is to analyse the inflationary impact of exchange rate depreciation in South Africa over the period 1984-1998 when the monetary authorities adopted a more market-oriented exchange rate system. Although the empirical part of the paper extensively focuses on this...
Persistent link: https://www.econbiz.de/10010443339
The main objective of this paper is to analyse the inflationary impact of exchange rate depreciation in South Africa over the period 1984-1998 when the monetary authorities adopted a more market-oriented exchange rate system. Although the empirical part of the paper extensively focuses on this...
Persistent link: https://www.econbiz.de/10005404354
In a recent article, Weeks (1999) identifies excessively high real interest rates as one of the reasons why the South African government's GEAR (Growth, Employment and Redistribution) programme has thus far been unsuccessful. This paper examines a related issue, namely whether inflation, at any...
Persistent link: https://www.econbiz.de/10005404345