Exchange Rate Movements and the South African Economy
A VAR Analysis
South Africa's New Growth Path (NGP) proposed that a depreciation of the Rand would significantly stimulate economic growth. In addition to a depreciated Rand, the NGP stated that the South African Reserve Bank was to continue to target low stable inflation as well as maintain a low interest rate environment to encourage investment. This book sought to investigate how movements of the exchange rate affect real GDP, prices and interest rates. To accomplish this, a thorough literature review and empirical investigation was conducted. To assess how real GDP, prices and interest rates respond to movements of the exchange rate, a VARX model was es…
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Produktdetails
- ISBN: 978-3-659-56030-9
- EAN: 9783659560309
- Produktnummer: 37077204
- Verlag: LAP Lambert Academic Publishing
- Sprache: Englisch
- Erscheinungsjahr: 2014
- Seitenangabe: 172 S.
- Masse: H22.0 cm x B15.0 cm x D1.0 cm 274 g
- Abbildungen: Paperback
- Gewicht: 274
Über den Autor
Evan Jones, BCom (Hons)(UKZN), MCom (Economics)(UKZN). Evan has conducted macro- and microeconomic, econometric based research for the UKZN School of Economics. He has worked as an Academic Development Officer and most recently as a Program Coordinator for the University of KwaZulu-Natal, Westville. Evan Jones now resides in the United Kingdom.
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