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dc.contributor.authorHeise, Arneen
dc.date.accessioned2007-04-25-
dc.date.accessioned2009-08-06T11:16:21Z-
dc.date.available2009-08-06T11:16:21Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/27090-
dc.description.abstractPost-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
dc.language.isoengen
dc.publisher|aUniversität Hamburg, Department Wirtschaft und Politik |cHamburgen
dc.relation.ispartofseries|aArbeitspapiere für Staatswissenschaft |x22en
dc.subject.jelE12en
dc.subject.jelE24en
dc.subject.jelE6en
dc.subject.jelO1en
dc.subject.jelO23en
dc.subject.ddc300en
dc.subject.keywordMonetary Policyen
dc.subject.keywordfiscal policyen
dc.subject.keywordwage policyen
dc.subject.keywordmacro-economic co-ordinationen
dc.subject.stwWirtschaftsreformen
dc.subject.stwGeldpolitiken
dc.subject.stwFinanzpolitiken
dc.subject.stwLohnpolitiken
dc.subject.stwKonjunkturpolitiken
dc.subject.stwWachstumspolitiken
dc.subject.stwSüdafrikaen
dc.titleHow to create a growth-oriented market constellation for South Africa-
dc.typeWorking Paperen
dc.identifier.ppn527782319en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:uhhafs:22en

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