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Appropriateness of inflation targeting in South Africa
Dissertation (MBA)--University of Pretoria, 2012.
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University of Pretoria
2013
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| _version_ | 1867613630521933824 |
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| access_status_str | Open Access |
| author2 | Rossouw, Jannie |
| author_browse | Rossouw, Jannie |
| author_facet | Rossouw, Jannie |
| collection | Thesis |
| dc_rights_str_mv | © 2011, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2012. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/26327 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:39:12.360Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/26327 Appropriateness of inflation targeting in South Africa Rossouw, Jannie ichelp@gibs.co.za Mashele, Jeoffrey Godfrey UCTD Price stability Inflation Inflation targeting Phillips curve Exchange rate Transmission mechanism Dissertation (MBA)--University of Pretoria, 2012. The appropriateness of inflation targeting in South Africa is examined. South Africa has adopted flexible inflation targeting, wherein considerations for other macroeconomic variables are prioritized. There is evidence of growing concern regarding South Africa’s monetary policy framework., emerging primarily from the trade union movement and the communist party. The concerns are borne out of the developmental challenges that are still facing South Africa, ranging from high unemployment, high levels of poverty and inequality, and low economic growth. In attempt to understand these concerns, the following key economic variables GDP, Manufacturing Data, Exchange Rate, and Repo Rate were investigated using both Eviews and Stat tool. To eliminate the impact of the recent global recession, the data that has been analyzed is up to 2008. The research compares two periods, namely; the pre inflation targeting period (1990 – 1999) and post inflation targeting period (2000 – 2008). The study has found that despite unemployment, inequality and economic growth having being sluggish over the years, these factors are not as a result of inflation targeting. Evidence indicates that inflation has been reduced and stabilized since the adoption of inflation targeting. This research argues that this methodology is important for South Africa’s economic development, as evident by increased output. This research concludes that the implementation of inflation targeting is appropriate for South Africa. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-07T04:36:56Z 2012-09-21 2013-09-07T04:36:56Z 2012-03-08 2012-09-21 2012-07-15 Dissertation Mashele, JG 2011, South Africa as a strategic operations destination for, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/26327 > F/12/4/699/zw http://hdl.handle.net/2263/26327 http://upetd.up.ac.za/thesis/available/etd-07152012-164320/ © 2011, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Price stability Inflation Inflation targeting Phillips curve Exchange rate Transmission mechanism Appropriateness of inflation targeting in South Africa |
| title | Appropriateness of inflation targeting in South Africa |
| title_full | Appropriateness of inflation targeting in South Africa |
| title_fullStr | Appropriateness of inflation targeting in South Africa |
| title_full_unstemmed | Appropriateness of inflation targeting in South Africa |
| title_short | Appropriateness of inflation targeting in South Africa |
| title_sort | appropriateness of inflation targeting in south africa |
| topic | UCTD Price stability Inflation Inflation targeting Phillips curve Exchange rate Transmission mechanism |
| url | http://hdl.handle.net/2263/26327 http://upetd.up.ac.za/thesis/available/etd-07152012-164320/ |