South Africa : Selected Issues

1ZAFEA2008001 Image
Price:  $18.00

Release Date: © October, 2008
ISBN : 978-1-45184-106-0
Stock #: 1ZAFEA2008001
Stock Status: On back-order

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This Selected Issues paper discusses the policy response by a sample of central banks to the ongoing oil and food price shocks in South Africa, drawing some lessons, which can help put in context developments in the country. The paper discusses first- and second-round effects of “supply shocks,” and attempts to gauge second-round effects in South Africa. The paper also analyzes the factors that have constrained South Africa’s growth since the end of apartheid, by comparing its GDP components and its saving and investment performance with those of a panel of faster-growing countries.


Economic development , Economic policy , Fiscal policy , Investment , Monetary policy

More publications in this series: IMF Staff Country Reports