This Selected Issues paper for South Africa presents a quantitative analysis of inflation dynamics in the country. The … inflation. Exposed to exchange rate and other shocks, the model confirms that a delayed policy response to inflation shocks … leads to persistently higher inflation rates and, subsequently, to a sharp real contraction of the economy. …

This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and …

, unemployment rate by regions, consumer price inflation and CPI weights, industrial producer prices, wages, pensions and per capita … by sector, industrial employment by sector, indicators of hidden unemployment, selected labor market indicators …

inflation and structural reforms aimed at stimulating growth and employment creation. Consistent with IMF recommendations, in …

Poverty and unemployment remained high in Botswana. The shortcomings of the labor market policies are responsible for a … high unemployment rate. This selected issues paper sheds considerable light on ways that Botswana can enhance inclusive … growth and reduce the high level of structural unemployment. Botswana was identified as having been able to sustain the …

The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential …