South Africa
South Africa

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2014-12-11

Total Pages: 47

ISBN-13: 1484313623

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This Selected Issues paper estimates the potential growth rate for South Africa using different methodologies. In line with existing studies and findings for other emerging markets, the paper finds that South Africa’s potential growth rate has declined in the post global financial crisis period. Though there is substantial uncertainty, South Africa’s potential growth is estimated to have fallen from an average of 3.5 to 4 percent during 2000–08 to 2.25 to 2.50 percent in 2010–14, implying that the output gap in 2014 would be between –0.5 and –1.3 percent of GDP.

South Africa
South Africa

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2023-06-06

Total Pages: 48

ISBN-13:

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South Africa: Selected Issues

South Africa
South Africa

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1998-10-05

Total Pages: 206

ISBN-13: 1451840942

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This Selected Issues paper highlights that cautious monetary and fiscal polices of South Africa during 1997 resulted in a return of financial investor confidence and capital inflows during 1997 and through April 1998. These policies helped the South African economy emerge successfully from the exchange market pressures of 1996 and weather the contagion from the East Asian crisis in the second half of 1997. Throughout 1997 and up until May 1998, inflation and market interest rates fell considerably, net international reserves increased, and the net open forward position of the Reserve Bank was reduced sharply.

South Africa
South Africa

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2016-07-07

Total Pages: 28

ISBN-13: 1475568614

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This paper describes South Africa’s economic development and challenges. South Africa has made considerable economic and social progress over the past two decades, but faces substantial challenges. Global transitions—China’s slowdown and rebalancing, weak commodity prices, and U.S. monetary policy normalization—are taking a heavy toll on South Africa. Growth and employment, which were already low, are faltering and continue to underperform peer countries. Vulnerabilities remain elevated and have increased in the real and fiscal sectors. Boosting growth and job creation, thus reducing extremely high unemployment and inequality, and promoting social transformation remain South Africa’s key challenges.

South Africa
South Africa

Author: International Monetary Fund Staff

Publisher:

Published: 1998-09

Total Pages: 202

ISBN-13: 9780119852462

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South Africa
South Africa

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1996-07-18

Total Pages: 180

ISBN-13: 1451840926

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This Selected Economic Issues paper examines economic development in South Africa during 1995–96. The paper highlights that in 1995, the economy of South Africa grew by 3.3 percent, the third consecutive year of economic growth, and it is expected to grow between 31⁄2 and 4 percent in 1996. Some aspects of the unemployment problem are addressed in this paper. The paper also focuses on the implications for policy of the steps taken in 1994 and 1995 to establish an outward-oriented economy, after many years of effective autarky.