Monetary policy, macro-stability and growth: South Africa’s recent experience and lessons.
There is greater appreciation now amongst economists of the negative effect of uncertainty on investment, growth and equality, especially when credit constraints are widespread. This implies an important linkage between the transparency and predictability of the policy environment, and growth and eq...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Economic & Financial Publishing
2005
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