The South African economy macroeconomic prospects for the medium term
What are the macroeconomic prospects for South Africa until the new millennium? Two methods of macroeconomic modelling, associated with the World Bank and IMF, are used here to generate three scenarios, based on moderately optimistic projections. The methodology used can be applied to other developi...
| Otros Autores: | , |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Oxfordshire, England ; New York :
Routledge
2005.
2014. |
| Colección: | Routledge studies in development economics.
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009429709606719 |
Tabla de Contenidos:
- Cover; Title Page; Copyright Page; Table of Contents; List of Figures; List of Table and Boxes; Preface; Acknowledgements; Abbreviations; 1. INTRODUCTION; 2. GENERAL COUNTRY BACKGROUND; Macroeconomic features and trend; Socio-economic characteristics; Legacies of apartheid in perspective; Policy frameworks; 3. ACCOUNTING FRAMEWORK AND BASE YEAR DATA; Prices and exchange rates; Material balance; Balance of payments; Money market; Government accounts; Other variables; Disaggregated GDP and export data; Conclusion; 4. MODELLING FRAMEWORKS; The financial programming approach of the IMF
- The Revised Minimum Standard Model of the World BankDiscussion; 5. MODEL EXPERIMENTS; Experiment 1: Exchange rate depreciation; Experiment 2: Government external borrowing; Experiment 3: Foreign reserves; Experiment 4: Domestic inflation; Experiment 5: GDP growth; Experiment 6: Export quantity versus export price; Conclusion; 6. BASE RUN; Background; Demand and supply; Prices and exchange rates; Balance of payments; Government accounts; Asset stocks; Conclusion; 7. ALTERNATIVE SCENARIOS; Introduction; Alternative assumptions; Results; Summing-up; 8. CONCLUSION
- APPENDIX A: Modelling frameworks in GAMSA.1 Introduction; A.2 Financial Programming Framework; A.3 The Revised Minimum Standard Model; APPENDIX Β: BASE RUN; APPENDIX C: OPTIMISTIC SCENARIO; APPENDIX D: PESSIMISTIC SCENARIO; Bibliography; Index
