Debating South Africa's approach to a lower inflation target

Simple item page
dc.contributor.authorWillcox, Owen
dc.date.accessioned2025-07-28T13:57:03Z
dc.date.issued2025
dc.departmentSouthern Centre for Inequality Studies SCIS
dc.description.abstractThis policy brief argues against lowering of the inflation target. A lower inflation target will worsen South Africa’s fiscal dynamics, leading to deeper and longer fiscal austerity, which will result in lower economic growth and employment. The arguments of the South African Reserve Bank (SARB) for a lower target are cogent but ignore the impact on government debt, and hence the negative impact on the macroeconomy at large.
dc.description.submitterTM2025
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.citationWillcox, Owen. (2025) Debating South Africa's approach to a lower inflation target, Southern Centre for Inequality Studies, University of the Witwatersrand
dc.identifier.urihttps://hdl.handle.net/10539/45719
dc.language.isoen
dc.publisherUniversity of the Witwatersrand, Joahnnesburg
dc.relation.ispartofseriesPublic Economy Project SCIS Policy Brief; 74
dc.rights© 2024 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.
dc.rights.holderUniversity of the Witwatersrand, Johannesburg
dc.schoolSchool of Economics and Finance
dc.subjectInflation
dc.subjectSouth African Reserve Bank
dc.subjectGovernment Debt
dc.subjectfiscal austerity
dc.subjectSouth Africa
dc.subjectfiscal dynamics
dc.subjectGDP
dc.subject.primarysdgSDG-10: Reduced inequalities
dc.subject.secondarysdgSDG-8: Decent work and economic growth
dc.titleDebating South Africa's approach to a lower inflation target

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
Inflation Targeting Policy Brief.pdf
Size:
462.43 KB
Format:
Adobe Portable Document Format
Download

License bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
2.43 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Southern Centre for Inequality Studies (SCIS) - (Policy brief)