Description |
1 online resource (58 pages) |
Series |
IMF country report ; no. 10/296 |
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IMF country report ; no. 10/296
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Contents |
Cover; Contents; Executive Summary; I. Introduction; II. Navigating The Near-Term Policy Challenges; A. Recent Developments and Outlook; B. Ensuring Fiscal Sustainability; C. Monetary Policy: Staying Ahead of the Curve; Boxes; 1. Exchange Rate Assessment; III. Raising Potential Growth; A. Unemployment; B. Other Structural Policies; IV. Staff Appraisal; 2. The South African Financial Sector After the Crisis; Figures; 1. Real Sector Developments; 2. Exchange Rate, Asset Prices and Spreads; 3. Monetary Developments and Interest Rates; 4. Monetary Developments and Interest Rates; Tables |
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1. Selected Economic and Financial Indicators, 2008-152. National Government Main Budget, 2007/08-2012/13; 3. Nonfinancial Public Sector Operations. 2007/08-2012/13; 4. Balance of Payments, 2008-15; 5. Monetary Survey, 2005-09; 6. Indicators of Vulnerability, 2005-09; 7. Financial Soundness Inidcators, 2005-10; 8. Millennium Development Goals, 1990-2008; Contents; I. Relations with the Fund; II. The JMAP Bank-Fund Matrix; III. Statistical Issues |
Summary |
The global financial crisis had a much more pronounced impact on South Africa relative to some other large emerging markets. The overriding economic policy challenge is to reduce unemployment and inequality through higher economic growth. Unemployment is a key policy focus; and a wage subsidy aimed at younger unskilled workers, as well as other policy options, are under discussion. IMF staff broadly concur with the authorities' approach, and believe that the current fiscal plan strikes the right balance between supporting the recovery through sustained infrastructure investment while ensuring fiscal sustainability |
Notes |
"January 2011." |
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PDF title page (IMF Web site, viewed June 2, 2011) |
Subject |
International Monetary Fund -- South Africa
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SUBJECT |
International Monetary Fund. fast (OCoLC)fst00556666 |
Subject |
Economic indicators -- South Africa
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Debts, External -- South Africa
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Debts, Public -- South Africa
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Debts, External.
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Debts, Public.
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Economic history.
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Economic indicators.
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Economic policy.
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SUBJECT |
South Africa -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85125465
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South Africa -- Economic policy
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Subject |
South Africa.
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Form |
Electronic book
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Author |
International Monetary Fund, issuing body
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ISBN |
9781455208791 |
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1455208795 |
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9781455209729 |
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1455209724 |
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