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Universität Hamburg (UHH) >
Fachbereich Sozialökonomie - Lehrstuhl Finanzwissenschaft und Public Governance, Universität Hamburg >
Arbeitspapiere für Staatswissenschaften - Working Papers on Economic Governance, FB Sozialökonomie der Universität Hamburg >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/27090
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Heise, Arne | | en_US |
| dc.date.accessioned | | 2007-04-25 | | en_US |
| dc.date.accessioned | | 2009-08-06T11:16:21Z | | - |
| dc.date.available | | 2009-08-06T11:16:21Z | | - |
| dc.date.issued | | 2007 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/27090 | | - |
| dc.description.abstract | | Post-apartheid South Africa is facing three major economic problems: (1) slack economic growth, (2) high and growing unemployment and (3) among the world's highest income inequality and poverty indices. South Africa is currently caught in a macro-economic straight-jacket of tight monetary, restrictive fiscal and a wage policy stance that raises NAIRU. The persistence of a sub-optimal 'market constellation' is created by an institutional setting of a non-accommodative Reserve Bank, a sectoral-regional and company level noncoordinated collective bargaining system, an austere 'sound finance regime' of public budgeting and the lack of any institution to co-ordinate macro-economic policy. To tailor a better fitting constellation, a social contract involving major reforms in macro-economic governance in South Africa is proposed. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Univ., Dep. Wirtschaft und Politik Hamburg | | en_US |
| dc.relation.ispartofseries | | Arbeitspapiere für Staatswissenschaft 22 | | en_US |
| dc.subject.jel | | E12 | | en_US |
| dc.subject.jel | | E24 | | en_US |
| dc.subject.jel | | E6 | | en_US |
| dc.subject.jel | | O1 | | en_US |
| dc.subject.jel | | O23 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Monetary Policy | | en_US |
| dc.subject.keyword | | fiscal policy | | en_US |
| dc.subject.keyword | | wage policy | | en_US |
| dc.subject.keyword | | macro-economic co-ordination | | en_US |
| dc.subject.stw | | Wirtschaftsreform | | en_US |
| dc.subject.stw | | Geldpolitik | | en_US |
| dc.subject.stw | | Finanzpolitik | | en_US |
| dc.subject.stw | | Lohnpolitik | | en_US |
| dc.subject.stw | | Konjunkturpolitik | | en_US |
| dc.subject.stw | | Wachstumspolitik | | en_US |
| dc.subject.stw | | Südafrika | | en_US |
| dc.title | | How to create a growth-oriented market constellation for South Africa | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 527782319 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:uhhafs:22 | | - |
| Appears in Collections: | | Arbeitspapiere für Staatswissenschaften - Working Papers on Economic Governance, FB Sozialökonomie der Universität Hamburg
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