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

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 f...

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Bibliographic Details
Main Author: Canales Kriljenko, Jorge
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:Departmental Papers; Departmental Paper ; No. 2011/004
Online Access:Full text available on IMF