European Parliament Library

South Africa :, Selected Issues

South Africa’s macroeconomic policies face a complicated task of balancing between supporting domestic demand and maintaining stability. The Selected Issues paper for South Africa discusses economic development and policies. Although the opening output gap and declining employment do call for countercyclical fiscal and monetary policy easing, policymakers should also be mindful of the effects of such policies on external and internal macroeconomic stability. The combined package of monetary and fiscal policies has considerable effects on growth and employment
Table Of Contents
Cover; Contents; I. Between Scylla and Charybdis: Demand Management Policies to Support Growth and Maintain Stability in South Africa; A. Introduction and a Brief Model Description; B. Policy Scenarios and Results; C. Conclusions; Figures; 1. Baseline (External Demand Shock and Commodity Price Shock With Standard Policy Response); 2. The Effects of Expected Monetary Policy in 2009 Relative to the Baseline; 3. The Combined Effects of Announced Fiscal Policy in 2009-11 and Expected Monetary Policy in 2009 Relative to the Baseline
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (90 p.)
Specific Material Designation
Form Of Item

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