South Africa : Selected Issues

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

July 7, 2016

Electronic Access:

Free Full Text (PDF file size is 939 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper describes South Africa’s economic development and challenges. South Africa has made considerable economic and social progress over the past two decades, but faces substantial challenges. Global transitions—China’s slowdown and rebalancing, weak commodity prices, and U.S. monetary policy normalization—are taking a heavy toll on South Africa. Growth and employment, which were already low, are faltering and continue to underperform peer countries. Vulnerabilities remain elevated and have increased in the real and fiscal sectors. Boosting growth and job creation, thus reducing extremely high unemployment and inequality, and promoting social transformation remain South Africa’s key challenges.

Series:

Country Report No. 16/218

Subject:

English

Publication Date:

July 7, 2016

ISBN/ISSN:

9781475568615/1934-7685

Stock No:

1ZAFEA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

28

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