Reflections on the South African Rand Crisis of 1996 and its Consequences.
After South Africa's democratic elections in 1994, large capital inflows were induced by the cessation of trade and financial sanctions, improved creditworthiness and a liberalised capital account for foreigners. The flows were managed in a classic trade-off between currency stability, and rais...
| Auteurs principaux: | , |
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| Format: | Working paper |
| Langue: | English |
| Publié: |
CSAE
1999
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