controls on inflows and outflows as well a more subtle differences in types of inflow or outflow controls. Given that success …

include how best the available instruments of monetary policy be deployed in shock prone mature stabilizers. Therefore, the …Traditionally, the task of monetary management is usually performed by the monetary authority on behalf of government …. However, a key challenge in monetary management is how to deal with uncertainty. Thus, the relevant policy questions must …

Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early … foreign exchange markets. However, the world has known several exchange rate systems beginning with the fixed-gold standard … exchange was deregulated, independent traders finally had access to the biggest trading market of the world; and these forex …

Abstract This is a review article; its purpose is to support a debate on the use of the best available economic theory … and evidence in monetary policy in contemporary South Africa. In order to do so, I contrast South Africa's laissez … pursuit of monetary policy. The article follows on from Mohammed (2010) who concludes that South African policy makers have …