IMF Staff Country Reports

South Africa: Selected Issues

September 14, 2009

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South Africa: Selected Issues, (USA: International Monetary Fund, 2009) accessed November 22, 2024

Summary

South Africa’s macroeconomic policies face a complicated task of balancing between supporting domestic demand and maintaining stability. The Selected Issues paper for South Africa discusses economic development and policies. Although the opening output gap and declining employment do call for countercyclical fiscal and monetary policy easing, policymakers should also be mindful of the effects of such policies on external and internal macroeconomic stability. The combined package of monetary and fiscal policies has considerable effects on growth and employment.

Subject: Banking, Central bank policy rate, Emerging and frontier financial markets, Exchange rates, Financial institutions, Financial markets, Financial services, Foreign exchange, Inflation, Prices, Stocks

Keywords: Africa, Central bank policy rate, CR, Default probability, Emerging and frontier financial markets, Equity flow, Exchange rate expectation, Exchange rates, Fiscal policy, Global, Inflation, Inflation expectation, Interest rate, ISCR, Monetary policy, Solvency risk, Stocks

Publication Details

  • Pages:

    89

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/276

  • Stock No:

    1ZAFEA2009002

  • ISBN:

    9781451841107

  • ISSN:

    1934-7685