Monetary Policy and the Economy in South Africa - Paperback

by M. Ncube (Author), E. Ndou (Author)

Monetary Policy and the Economy in South Africa covers both modern theories and empirical analysis, linking monetary policy with relating house wealth, drivers of current account based on asset approach, expenditure switching and income absorption effects of monetary policy on trade balance, effects of inflation uncertainty on output growth and international spill overs. Each chapter uses data and relevant methodology to answer empirical and pertinent policy questions in South Africa. The book gives new insights into understanding these areas of economic policy and the wider emerging-markets.

Author Biography

Professor Mthuli Ncube is Chief Economist and Vice President at the African Development Bank Group. He researches and has published widely in various areas of economics and finance in Africa and globally. He is a tenured Professor and was Dean of the Graduate School of Business Administration, and of Faculty of Commerce, Law and Management, University of Witwatersrand. He has extensive corporate experience as an investment banker with Investec and Barbican, and Board member of the South African Financial services Board, a regulator.

Eliphas Ndou works at the South Africa Reserve Bank Research Department as an economist in the monetary policy research unit. He lectures international finance and microeconomics at the University of Witwatersrand, South Africa.