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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1010 |
Essay's paper body
(Eichengreen & Razo-Garcia 2006: 416)
South Africa and exchange control
South Africa boasts with a very well developed financial sector, far superior to that of most developing countries. It has a sound and well governed banking sector and transparent and consistent economic policies. As far as these preconditions are concerned, South Africa is a prime candidate for the eradication of exchange controls...
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It has a sound and well governed banking sector and transparent and consistent economic policies. As far as these preconditions are concerned, South Africa is a prime candidate for the eradication of exchange controls.
South Africa however opted for a flexible exchange regime with economic policy “anchored†to an inflation target...
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