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7 HIV/AIDS in South Africa

7 HIV/AIDS in South Africa »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

The emergence of the HIV/AIDS epidemic, and its substantial human and economic repercussions, is one of the most significant developments of South Africa’s post-apartheid period. Two thousand South Africans...

8 Liberalizing Trade and Capital Transactions: An Overview

8 Liberalizing Trade and Capital Transactions: An Overview »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

In the ten years since the end of apartheid, the South African government has taken significant steps to liberalize trade and capital transactions. As a result, the volume of trade and gross international ca...

9 South Africa’s Real Exchange Rate Performance

9 South Africa’s Real Exchange Rate Performance »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

The rand has depreciated substantially since the end of apartheid. By the end of 2003, it lost about 50 percent of its value (Figure 9.1). Most of this depreciation reflected South Africa’s higher inflation...

10 The Rand Crises of 1998 and 2001: What Have We Learned?

10 The Rand Crises of 1998 and 2001: What Have We Learned? »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

Over the past ten years, the South African rand has been subject to periodic crises, the causes of which were by no means immediately obvious at the time (Figure 10.1a and 10.1b). This study examines two of...

11 The Case for Building International Reserves

11 The Case for Building International Reserves »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

The South African Reserve Bank (SARB) achieved a milestone in May 2003. By eliminating the negative net open forward exchange position (NOFP), 1 a source of external vulnerability...

12 Bringing Inflation Under Control

12 Bringing Inflation Under Control »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

Amounting body of theoretical and empirical evidence has built up in recent years suggesting that high inflation has a negative effect on economic performance and poverty. Typically, the argument that perfor...

13 Exploring Determinants of Long-Term Interest Rates

13 Exploring Determinants of Long-Term Interest Rates »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

In South Africa, long-term interest rates have often been high in real terms and relatively volatile, although they declined somewhat in recent years (Figure 13.1). This chapter attempts to show that this de...

Part I Real Sector Performance

Part I Real Sector Performance »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

...

Part II Fiscal Challenges

Part II Fiscal Challenges »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

...

Part III External Openness and Strength

Part III External Openness and Strength »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

...