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:
| Canales Kriljenko, Jorge Iván |
| ISBN: | 978-1-4755-6224-8 |
| Publication Date: | Aug 2011 |
| Publisher: | International Monetary Fund
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| Book Format: | Ebook |
| List Price: | USD $12.50 |
Book Description:
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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.