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Topic: Business
Number of pages / Number of words: 4 / 1010
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(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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