South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate--Empirical Evidence and GIMF Simulations
Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
| Author: | Jorge Iván Canales Kriljenko | ISBN: | 9781475590456 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | August 25, 2011 |
| Imprint: | Language: | English |
| Author: | Jorge Iván Canales Kriljenko |
| ISBN: | 9781475590456 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | August 25, 2011 |
| Imprint: | |
| Language: | English |
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.
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.
