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South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate--Empirical Evidence and GIMF Simulations
Mr.Jorge I Canales Kriljenko
出版
International Monetary Fund
, 2011-08-25
主題
Business & Economics / Public Finance
Business & Economics / Banks & Banking
Business & Economics / Production & Operations Management
ISBN
1475510152
9781475510157
URL
http://books.google.com.hk/books?id=3JgYEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
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.