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Fiscal and monetary policy in a commodity-based economy
Fiscal and monetary policy South Africa
2011/8/21
A rough description of macroeconomic policy in South Africa would be that monetary policy concentrates on building nominal credibility through focusing on inflation, while the brunt of the responsibil...
DEBT AND SYSTEMIC RISK: THE CONTRIBUTION OF FISCAL AND MONETARY POLICY
fiscal and monetary policy inherent risk real estate market
2011/8/21
This article discusses the contribution of fiscal and monetary policy to the accumulation of excessive debt and its inherent risk. According to economists Carmen Reinhart and Ken Rogoff, excessive deb...