Eliphas Ndou Livres

Focusing on South Africa's National Development Plan, this book highlights the critical role of the coal, metal ores, and platinum group sectors in driving the country's economic growth. It explores how these industries can help eliminate poverty, reduce inequality, and lower unemployment while increasing labor participation. By providing insights into the mining sector's potential, the book aims to support both academic and policy initiatives aligned with the NDP's objectives.

The book explores the intricate relationship between South African labor market dynamics, reforms, and fiscal policy, highlighting their effects on monetary policy and financial stability. It argues for a coordinated approach to these policies, showcasing how such alignment can provide solutions for policymakers facing challenging trade-offs. The discussion emphasizes the advantages of synchronizing labor market strategies with fiscal and monetary objectives, particularly during periods of economic divergence.

The book delves into the intricate relationships between capital flows, credit markets, and economic growth in South Africa, highlighting the influence of global economic trends and policy uncertainties. It analyzes how advanced economies' unconventional monetary policies affect domestic conditions and examines the dual role of BRICS GDP growth in global economic dynamics. The authors discuss the implications of capital flow surges and volatility on GDP, credit growth, and sovereign credit ratings, advocating for pro-growth policies to enhance economic stability and confidence.

Focusing on the intersection of central banking and financial regulation, this book analyzes how South Africa can maximize employment while maintaining low inflation. It delves into the necessary structural changes to the country's bank balance sheets and employs quantitative methods to assess the implications of proposed policies. The exploration of macro-financial effects and the use of macro-prudential tools provide valuable insights into the complexities of South Africa's economic landscape.

Focusing on the decline of South African manufacturing, the book employs quantitative and econometric techniques to analyze macroeconomic conditions affecting the sector's performance. It presents empirical evidence to support policy recommendations aimed at aligning with the South African National Development Plan's objectives, addressing both global and domestic influences on manufacturing.

The book delves into the disconnect between fiscal policy and macroeconomic development in South Africa, examining factors hindering economic growth. It proposes an enhanced fiscal policy framework aimed at boosting investment and employment. Key topics include the influence of government debt on GDP, the relationship between budget deficits and interest rates, and the impact of economic policy uncertainty on employment dynamics and inflation.

This book explores the exchange rate pass-through (ERPT) and inflation dynamics in South Africa, highlighting how inflation regimes affect responses to exchange rate and oil price changes. It examines the role of monetary and fiscal policy credibility, and discusses the limited impact of second round effects on wage inflation. Ideal for policymakers and academics.

This book offers empirical evidence on the interaction of bank regulatory and macro-prudential tools with monetary policy for price and financial stability in South Africa. It includes historical analysis, counterfactual scenarios, and a thorough quantitative analysis of various economic factors affecting credit dynamics and output losses.

This book offers a comprehensive empirical analysis of South African inflation dynamics, using a variety of techniques including counterfactual analysis. The authors elaborate the roles in inflation of thresholds, nonlinearities and asymmetries introduced by economic conditions such as the size of exchange rate changes and volatility, GDP growth, inflation, output gap, credit growth, sovereign spreads and fiscal policy, providing new policy evidence on the impact of these. Ndou and Gumata apply techniques to determine the prevalence of updating inflation expectations, and reconsider the propagation effects of a number of inflation risk factors. Asking to what extent the evidence points to a need to enforce price stability and the anchoring of inflation expectation, the book fills existing gaps in South African Policy, and maintains a clear argument that price stability is consistent with the 3 to 6 per cent inflation target range, and that threshold application should form an important aspect of policy analysis in periods of macroeconomic uncertainty. As such, the book serves as an excellent reference text for academic and policy discussions alike.