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Persistent link: https://www.econbiz.de/10000058326
. These crises affect poverty and the distribution of income through a variety of channels: slowdowns in economic activity … incidence of poverty and income distribution, and discusses policy options that can be considered by governments in the … with an increase in poverty and, in some cases, income inequality. The provison of targeted safety nets and the protection …
Persistent link: https://www.econbiz.de/10014401806
This paper examines developments in Albania’s income distribution and poverty during the transition to a market … consumption data, however, a large decline in urban real incomes is implausible. Poverty in both the urban and the rural …
Persistent link: https://www.econbiz.de/10014397176
This assessment found South Africa s regulatory system to be fundamentally sound and compliant with international standards. Banking supervision has been effective and has helped limit the impact on the financial sector of the global financial crisis. The assessment recommended that the bank...
Persistent link: https://www.econbiz.de/10012557452
South Africa has made substantial progress in addressing the recommendations of the Financial Sector Assessment Program and is continuing to build upon these accomplishments. The Financial Services Board and Department of Trade and Industry both are organizations with the legal authority to...
Persistent link: https://www.econbiz.de/10014402310
The global financial crisis had a much more pronounced impact on South Africa relative to some other large emerging markets. The overriding economic policy challenge is to reduce unemployment and inequality through higher economic growth. Unemployment is a key policy focus; and a wage subsidy...
Persistent link: https://www.econbiz.de/10014402315
This 2008 Article IV Consultation highlights that South Africa’s economic performance has strengthened in the last several years, with real GDP growing by 5–51⁄2 percent in 2005–07, inflation declining to mid-single digits until recently, and employment growing steadily. However, 2008...
Persistent link: https://www.econbiz.de/10014402320
This paper discusses the Financial System Stability Assessment for South Africa, and reviews the Report on the Observance of Standards and Codes on Securities Regulation. The assessment reveals that South Africa’s sophisticated financial system is fundamentally sound and has so far weathered...
Persistent link: https://www.econbiz.de/10014402353
Insurance regulation in South Africa is sound and takes a thorough approach to regulation, recognizes the scale and development of the market, and the need for effective market conduct as prudential regulation. There are particular challenges in improving standards of market conduct, in both...
Persistent link: https://www.econbiz.de/10014402430
Banking supervision in South Africa has been effective in reducing the impact of the global financial crisis. The banks have remained profitable, and capital adequacy ratios have been maintained well above the regulatory minimum. The supervisory and regulatory framework has been strengthened...
Persistent link: https://www.econbiz.de/10014402431