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

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Author/Editor: Jorge I Canales Kriljenko
Release Date: © August, 2011
ISBN : 978-1-47556-224-8
Stock #: SAMPEM
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Description

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.




More publications in this series: Departmental Papers / Policy Papers


More publications by: Jorge I Canales Kriljenko