書目名稱 | Capital Flows, Credit Markets and Growth in South Africa | 副標(biāo)題 | The Role of Global E | 編輯 | Nombulelo Gumata,Eliphas Ndou | 視頻video | http://file.papertrans.cn/222/221414/221414.mp4 | 概述 | Explores global economic and policy uncertainty in South Africa.Considers the impact of BRICS GDP growth on South Africa | 圖書封面 |  | 描述 | .This book examines the dynamics in capital flows, credit markets and growth in South Africa. The authors explore the role of global economic growth, policy shifts and various economic policy uncertainties. Central banks in advanced economies are engaged in unconventional monetary policy tools such as balance sheet policies, negative interest rates and extended forward guidance to assist them to meet their price, financial and macro-economic stability objectives. This book determines whether BRICS GDP growth is a source of shocks or an amplifier of global growth shocks. The authors find that global economic growth and policy uncertainty reinforce each other via capital flows, credit conditions and business confidence on the domestic economy. Furthermore, they demonstrate that there is momentum in the changes in the spread between the repo rate and federal funds rate. In addition, global real policy rates impact domestic GDP growth and labor market conditions. The authors examine the economic costs of capital flow surges, sudden stops and elevated portfolio volatility shocks and their interaction with GDP growth and credit. They show that equity and debt inflows matter in the attain | 出版日期 | Book 2019 | 關(guān)鍵詞 | BRICS GDP growth shocks; Foreign economic growth uncertainty; South African GDP growth; Equity flows; Mo | 版次 | 1 | doi | https://doi.org/10.1007/978-3-030-30888-9 | isbn_softcover | 978-3-030-30890-2 | isbn_ebook | 978-3-030-30888-9 | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
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