[Download pdf ebook] South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate–Empirical Evidence and GIMF Simulations


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

[Download pdf ebook] File size: 21.Mb

Author : Jorge Ivaacute;n Canales Kriljenko
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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.

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