Achieving Price, Financial and Macro-Economic Stability in South Africa: The Role of the Central Bank Balance Sheet, Macro-Prudential Tools, Financial Regulations and Analysis

This book explores the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa, focusing on employment maximization and inflation control. It utilizes quantitative methods and approaches to highlight the impact of suggested policies and outlines strategies for achieving the National Development Plan.

Format: Paperback / softback
Length: 556 pages
Publication date: 29 May 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the intricate macro-financial implications of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa. It explores the critical nexus between employment generation, inflation management, and the structural transformations necessary to reshape the composition of South African bank balance sheets. Employing a quantitative approach, the book highlights the potential impact of proposed policies on economic growth and stability.

The book's primary objective is to provide valuable insights and actionable recommendations to facilitate the realization of the National Development Plan in South Africa. It appeals to a wide range of scholars and policymakers engaged in development economics, African economics, development finance, and financial policy.

Chapter 1 provides an overview of the economic landscape in South Africa, highlighting the challenges and opportunities presented by the country's unique socio-economic context. It emphasizes the need for sustainable economic growth, job creation, and poverty reduction.

Chapter 2 delves into the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation on South Africa's economy. It examines the role of these institutions in managing financial stability, promoting economic growth, and mitigating financial crises. The chapter also discusses the challenges and limitations of these tools in achieving these goals.

Chapter 3 explores the relationship between employment and inflation in South Africa. It examines the structural changes required to alter the composition of South African bank balance sheets and optimize employment opportunities while maintaining low and stable inflation. The chapter discusses the role of government policies, financial market regulations, and labor market reforms in achieving this objective.

Chapter 4 examines the impact of suggested policies on employment and inflation in South Africa. It utilizes quantitative methods and approaches to analyze the potential outcomes of various policy interventions, such as central bank monetary policy, macro-prudential regulations, and financial market reforms. The chapter highlights the challenges and risks associated with these policies and provides recommendations for their effective implementation.

Chapter 5 concludes the book by summarizing the key findings and recommendations. It emphasizes the importance of a holistic and integrated approach to development planning, which encompasses macro-financial, structural, and social dimensions. The chapter also calls for continued research and policy dialogue to address the complex challenges facing South Africa's economy.

In conclusion, this book offers a valuable contribution to the literature on development economics and financial policy in South Africa. It provides a comprehensive analysis of the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation on the South African economy. By exploring the relationship between employment, inflation, and structural changes, the book offers insightful recommendations for achieving sustainable economic growth and promoting social welfare. The book will be of interest to researchers, policymakers, and practitioners working in development economics, African economics, development finance, and financial policy.

Weight: 775g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030663421
Edition number: 1st ed. 2021