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Monetary Policy and Exchange Rate Shocks on South Africa’s Trade Balance

In: Monetary Policy and the Economy in South Africa

Author

Listed:
  • Mthuli Ncube

    (African Development Bank Group)

  • Eliphas Ndou

    (Reserve Bank of South Africa)

Abstract

South African net exports contributed very little towards GDP. Given this context, we attempt to understand clearly the roles of monetary policy and the exchange rate on the trade balance, including its fluctuations on the contribution of economic growth.

Suggested Citation

  • Mthuli Ncube & Eliphas Ndou, 2013. "Monetary Policy and Exchange Rate Shocks on South Africa’s Trade Balance," Palgrave Macmillan Books, in: Monetary Policy and the Economy in South Africa, chapter 7, pages 113-138, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-33415-2_7
    DOI: 10.1057/9781137334152_7
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    Citations

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    Cited by:

    1. Georgiadis, Georgios & Jančoková, Martina, 2020. "Financial globalisation, monetary policy spillovers and macro-modelling: Tales from 1001 shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 121(C).
    2. Nikolaos Antonakakis & Rangan Gupta & Aviral K. Tiwari, 2018. "Time-varying correlations between trade balance and stock prices in the United States over the period 1792 to 2013," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 42(4), pages 795-806, October.
    3. Sulaiman L A & Lawal N A & Migiro S O, 2018. "Comparative Analysis of Monetary Policy Shocks and Exchange Rate Fluctuations in Nigeria and South Africa," Journal of Economics and Behavioral Studies, AMH International, vol. 9(6), pages 199-207.
    4. McKenzie, Rex A, 2015. "Monetary transmission in Africa: a review of official sources," Economics Discussion Papers 2015-7, School of Economics, Kingston University London.

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