South Africa: Selected Issues

October 3, 1997

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Format: Chicago

South Africa: Selected Issues, (USA: International Monetary Fund, 1997) accessed September 19, 2024

Summary

This Selected Issues paper highlights that aided by the easing of political uncertainties after the national elections in early 1994 and by the cautious stance of policies adopted by the new administration, economic performance and investor sentiment in South Africa strengthened markedly. Nonagricultural value-added grew by 4 percent in 1995, led by a sharp increase in real gross private fixed investment. In contrast, developments in 1996 were characterized by a shift in investor sentiment and unrest in the foreign exchange markets.

Subject: Employment, Exchange rates, Expenditure, Foreign exchange, Labor, Unemployment

Keywords: Africa, Capital liberalization program, CR, Crisis episode, Cross-currency comparison, Employment, Exchange rate, Exchange rates, Government, Government dissaving, ISCR, National government, Rand, Rand vis-à-vis, U.S. dollar, Unemployment, Wage

Publication Details

Pages:

133
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/082
Stock No:

1ZAFEA0011997
ISBN:

9781451840933
ISSN:

1934-7685

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