South Africa: Selected Issues

October 22, 2008

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Format: Chicago

South Africa: Selected Issues, (USA: International Monetary Fund, 2008) accessed November 8, 2024

Summary

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.

Subject: Income, Income and capital gains taxes, Inflation, Labor, National accounts, Prices, Private savings, Taxes

Keywords: Africa, CR, Deteriorated inflation outlook, GDP, Global, Income, Income and capital gains taxes, Inflation, Inflation expectation, Interest rate, ISCR, Price, Price shock, Private savings, Stamp duty, Underlying inflation

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/347
Stock No:

1ZAFEA2008001
ISBN:

9781451841060
ISSN:

1934-7685

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