South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate--Empirical Evidence and GIMF Simulations

 
Author/Editor: Canales Kriljenko, Jorge Iván
 
Publication Date: August 25, 2011
 
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Summary: This paper examines whether a mix of tighter fiscal policy, looser monetary policy, and greater reserve build-up would increase growth and depreciate the rand in real terms. The experience of South Africa over the last twenty years is looked at using a number of econometric techniques that control for the external environment.
 
Series: African Departmental Paper No. 11/04
Subject(s): Economic growth | Economic models | Fiscal policy | Monetary policy | Real effective exchange rates | Reserves accumulation | South Africa

 
English
Publication Date: August 25, 2011
ISBN/ISSN: 978-1-61635-214-1 Format: A web quality merged PDF
Stock No: SAMPET
Price:
Free
 
 
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