IDEAS home Printed from
   My bibliography  Save this article

Proposals For Strengthening The Sarb'S Inflation Targeting Regime




This paper proposes a set of criteria for efficient institutions derived form the New Institutional Economics literature and the IMF's "Code of Good Practices on Transparency in Monetary and Financial Policie." These criteria are used to evaluate the institutional framework of South Africa's inflation targeting regime. A test for measuring the comprehensiveness of South Africa's inflation targeting regime is used to verify the results of the institutional evaluation. Finally, a matrix of proposed institutional reforms is constructed to address weaknesses identified by the institutional evaluation. Copyright 2005 Economic Society of South Africa.

Suggested Citation

  • Stan A. Plessis, 2005. "Proposals For Strengthening The Sarb'S Inflation Targeting Regime," South African Journal of Economics, Economic Society of South Africa, vol. 73(2), pages 337-354, June.
  • Handle: RePEc:bla:sajeco:v:73:y:2005:i:2:p:337-354

    Download full text from publisher

    File URL:
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    1. Lars E. O. Svensson, 2003. "What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules," Journal of Economic Literature, American Economic Association, vol. 41(2), pages 426-477, June.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Monique Reid, 2009. "Isolating A Measure Of Inflation Expectations For The South African Financial Market Using Forward Interest Rates," South African Journal of Economics, Economic Society of South Africa, vol. 77(3), pages 399-413, September.
    2. Janine Aron & John Muellbauer, 2009. "Monetary Policy and Inflation Modeling in a More Open Economy in South Africa," Chapters, in: Monetary Policy Frameworks for Emerging Markets, chapter 15 Edward Elgar Publishing.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:sajeco:v:73:y:2005:i:2:p:337-354. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.