South Africa : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for South Africa

South Africa has made considerable economic and social strides since 1994, but faces significant challenges. Deep-rooted structural problems—infrastructure bottlenecks, skill mismatches, and harmful insider-outsider dynamics—have kept unemployment and inequality unacceptably high. Also, a confluence of external and domestic shocks, combined with heightened governance concerns and policy uncertainty, have weighed on confidence and growth. Though private balance sheets are still strong, vulnerabilities are elevated.
Publication date: July 2016
ISBN: 9781475568608
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Money and Monetary Policy , Money and Monetary Policy , International - Economics , International - Economics , Public Policy , Public Policy ,

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