South Africa: Selected Issues

Publication Date:

October 22, 2008

Electronic Access:

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Summary:

This Selected Issues paper discusses the policy response by a sample of central banks to the ongoing oil and food price shocks in South Africa, drawing some lessons, which can help put in context developments in the country. The paper discusses first- and second-round effects of “supply shocks,” and attempts to gauge second-round effects in South Africa. The paper also analyzes the factors that have constrained South Africa’s growth since the end of apartheid, by comparing its GDP components and its saving and investment performance with those of a panel of faster-growing countries.

Series:

Country Report No. 2008/347

Subject:

English

Publication Date:

October 22, 2008

ISBN/ISSN:

9781451841060/1934-7685

Stock No:

1ZAFEA2008001

Pages:

63

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