In the 1980s the South African government undertook quite effective policy adjustments in the macroeconomic arena to respond to the short-run crises it faced. Today, however, the macroeconomic situation is fragile. Four areas that could make or break the transition are reviewed in this paper: investment; foreign investment; savings and the deficit; and inflation. The ratio of fixed investment to Gross Domestic Product (GDP) is 20 percent at the beginning...
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INFORMATION
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1992/05/31
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Document de travail (série numérotée)
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12956
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1
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1
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2010/07/01
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Disclosed
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South Africa : macroeconomic issues for the transition
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private investment
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