South Africa’s experience with monetary policy within an inflation targeting policy framework

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Chapter 6: South Africa’s experience with monetary policy within an inflation targeting policy framework

The South African experience is discussed by Monde Mnyande. He describes the institutional underpinnings of monetary policymaking in South Africa, including the instruments that have been put in place since introduction of IT to strengthen the central bank’s communication with market participants and the public in general. On discussing the main features of the South African regime, he contends that monetary policy has become more forward looking following the introduction of IT.

 

How to obtain this publication                                                                                   

The complete text of edition of Monetary policies and inflation targeting in emerging economies is available from:

 

Additional information                                                                                                  

 

Further information can be obtained from the Brazil, South America and Indonesia Desk at the OECD Economics Department at ECO.Contact@oecd.org

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