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  • © 2021

Achieving Price, Financial and Macro-Economic Stability in South Africa

The Role of the Central Bank Balance Sheet, Macro-Prudential Tools, Financial Regulations and Analysis

Palgrave Macmillan
  • Illustrates the use of SARB balance sheets to conduct large scale asset purchases

  • Outlines a long term program for foreign currency reserve accumulation

  • Examines the important role large scale asset purchases play in lowering government bond yields

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Table of contents (36 chapters)

  1. Front Matter

    Pages i-xliv
  2. Introduction

    • Nombulelo Gumata, Eliphas Ndou
    Pages 1-12
  3. The Interaction of the South African Reserve Bank, Public Investment Corporation and Private Banks’ Balance Sheets: Effects on Fiscal and Monetary Policy Tools

    1. Front Matter

      Pages 133-133

About this book

This book explores the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa. How employment can be maximised while keeping inflation low and stable is examined in relation to the structural changes required to alter the composition of South African bank balance sheets. Quantitative methods and approaches are utilised to highlight the impact of suggested policies.

This book aims to outline strategies and policy interventions that can help achieve the National Development Plan in South Africa. It will be of interest to researchers and policymakers working within development economics, African economics, development finance, and financial policy.

Authors and Affiliations

  • South African Reserve Bank, Pretoria, South Africa

    Nombulelo Gumata, Eliphas Ndou

About the authors

Nombulelo Gumata is an economist at the South African Reserve Bank and has authored several books in the areas of international finance and macroeconomics, macro-prudential and regulatory tools and financial stability, labour markets, monetary and fiscal policy.

Eliphas Ndou is an economist at the South African Reserve Bank and has authored books in international finance, public finances, monetary, labour, macro and microeconomics, time-series econometrics, banking regulation and macro-prudential policy.

Bibliographic Information

  • Book Title: Achieving Price, Financial and Macro-Economic Stability in South Africa

  • Book Subtitle: The Role of the Central Bank Balance Sheet, Macro-Prudential Tools, Financial Regulations and Analysis

  • Authors: Nombulelo Gumata, Eliphas Ndou

  • DOI: https://doi.org/10.1007/978-3-030-66340-7

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-66339-1Published: 28 May 2021

  • Softcover ISBN: 978-3-030-66342-1Published: 29 May 2022

  • eBook ISBN: 978-3-030-66340-7Published: 27 May 2021

  • Edition Number: 1

  • Number of Pages: XLIV, 556

  • Number of Illustrations: 292 b/w illustrations, 69 illustrations in colour

  • Topics: African Economics

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access