Download or read book Inside the South African Reserve Bank written by Stephen Mitford Goodson and published by Black House Publishing. This book was released on 2014-10 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stephen Mitford Goodson's Inside the South African Reserve Bank Its Origins and Secrets Exposed sweeps aside the usual dust of economic theory to provide a thoroughly engaging account on the origins and purposes of the Republic's central banking institution. Goodson does so as an "outsider" on the "inside," a proponent of banking reform who became a non-executive director of the SA Reserve Bank. What Goodson found was ineptitude, corruption, careerism, ignorance and scandal. When Goodson became too troublesome for the status quo, he was removed, smeared, and attempts were made to legally silence him. Here Goodson not only gives an account of his time within the SA Reserve Bank, but places the bank within its historical context, having been established as part of a world-wide agenda orchestrated by Montagu Norman, governor of the Bank of England, to create "central banks" throughout the world as part of a global financial system controlled by international financiers. Those who figured prominently in imposing this fraudulent financial system on South Africa were Jan Smuts, and his friend and adviser Henry Strakosch, whose closeness to Winston Churchill is also shown to be of world historical significance. The only voices raised in opposition to this deceptively-named "central banking" were from the Labour Party. Those voices have long gone from anything still calling itself "Labour," in South Africa as elsewhere. However, there were alternatives, such as the use of state banking in Canada, Australia, New Zealand, Germany, Japan and Italy, and the enduring example of North Dakota. Goodson examines each of these. Moreover, he provides a series of appendices on draft legislation for exactly how a sound banking system could be implemented, creating for the first time genuine sovereignty, prosperity and justice.
Download or read book Inside the South African Reserve Bank written by Stephen Mitford Goodson and published by . This book was released on 2017 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Achieving Price Financial and Macro Economic Stability in South Africa written by Nombulelo Gumata and published by Springer Nature. This book was released on 2021-05-27 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa. How employment can be maximised while keeping inflation low and stable is examined in relation to the structural changes required to alter the composition of South African bank balance sheets. Quantitative methods and approaches are utilised to highlight the impact of suggested policies. This book aims to outline strategies and policy interventions that can help achieve the National Development Plan in South Africa. It will be of interest to researchers and policymakers working within development economics, African economics, development finance, and financial policy.
Download or read book The Art of Central Banking written by Ralph George Hawtrey and published by Psychology Press. This book was released on 1970 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1970. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Business Cycles and Structural Change in South Africa written by Willem H. Boshoff and published by Springer Nature. This book was released on 2020-04-20 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in an emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle.
Download or read book Housing Finance System in South Africa written by Vuyisani Moss and published by UN-HABITAT. This book was released on 2008 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Growth and Financial Spillovers and the South African Macro economy written by Mthuli Ncube and published by Palgrave Macmillan. This book was released on 2015-12-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent is South Africa affected by G8 economies and BRIC growth shocks? This book identifies channels that amplify these shock effects, the relevance of third country transmission effects and the effects of the first and second rounds of US quantitative easing. The changing reactions of South African variables over time to financial shocks emanating from the US and selected countries in the Euro area, is presented. The book quantifies the effects of capital flow shocks, determines the counterfactuals of asset prices and economic growth variables, and compares the contribution of capital flows and domestic macro factors on asset prices. The effects of the exchange rate depreciation are contrasted to the decline in investment as key drivers of the trade balance. Stock market interdependence is determined amongst South African, Indian and Brazilian equities. The contributions of stock price returns and volatility on South African economic growth are contrasted. The authors construct a financial stress index for South Africa and determine how it amplifies shocks.
Download or read book Understanding South African Financial Markets written by and published by . This book was released on 2012-01-01 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Jack Bank written by Glen Retief and published by St. Martin's Press. This book was released on 2011-04-12 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: An extraordinary, literary memoir from a gay white South African, coming of age at the end of apartheid in the late 1970s. Glen Retief's childhood was at once recognizably ordinary--and brutally unusual. Raised in the middle of a game preserve where his father worked, Retief's warm nuclear family was a preserve of its own, against chaotic forces just outside its borders: a childhood friend whose uncle led a death squad, while his cultured grandfather quoted Shakespeare at barbecues and abused Glen's sister in an antique-filled, tobacco-scented living room. But it was when Retief was sent to boarding school that he was truly exposed to human cruelty and frailty. When the prefects were caught torturing younger boys, they invented "the jack bank," where underclassmen could save beatings, earn interest on their deposits, and draw on them later to atone for their supposed infractions. Retief writes movingly of the complicated emotions and politics in this punitive all-male world, and of how he navigated them, even as he began to realize that his sexuality was different than his peers'.
Download or read book Banking in the New Millennium written by W. Goosen and published by Juta and Company Ltd. This book was released on 1999 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looking beyond the year 2000, this text forecasts the impact of technology transfer and information technologies on South African banking. Integrated banking and economic concepts are presented which explore the origins of money, the development of banking and the inevitability of interest rates.
Download or read book Monetary and Financial Statistics Manual and Compilation Guide written by Mr.Jose M Cartas and published by International Monetary Fund. This book was released on 2017-11-09 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of Monetary and Financial Statistics Manual and Compilation Guide (Manual) updates and merges into one volume methodological and practical aspects of the compilation process of monetary statistics. The Manual is aimed at compilers and users of monetary data, offering guidance for the collection and analytical presentation of monetary statistics. The Manual includes standardized report forms, providing countries with a tool for compiling and reporting harmonized data for the central bank, other depository corporations, and other financial corporations.
Download or read book Financial Enterprise in South Africa Since 1950 written by Stuart Jones and published by MacMillan. This book was released on 1992 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Organisation and Economic Change written by Alan Mabin and published by Raven Press (South Africa). This book was released on 1989 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The South African Financial System written by and published by . This book was released on 1995 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rate Second Round Effects and Inflation Processes written by Eliphas Ndou and published by Palgrave Macmillan. This book was released on 2019-05-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the exchange rate pass-through (ERPT), second round effects and the inflation process in South Africa. The authors demonstrate that magnitudes of the second round effects of the exchange rate depreciation and oil price shocks depend on inflation regimes. The impact of positive oil price shocks on inflation is weakened by monetary policy credibility. Evidence shows the influence of oil price on unit labour costs and correlation between exchange rate changes and inflation has weakened. In addition, ERPT is reduced by low business and consumer confidence, high trade openness, low inflation and high exchange rate volatility which weaken real economic activity. Both monetary and fiscal policy credibility lowers the sizes of ERPT to inflation and inflation expectations. Fiscal policy via fuel levies, administered prices and public transport inflation channel impacts the responses of monetary policy to inflation shocks. The authors show that second round effects contribute very little to wage inflation following an exchange rate depreciation shock. Both lending rate and household consumption responds asymmetrical to repo rate changes. This book will appeal to policymakers, students, academics and analysts.
Download or read book A Manual on Government Finance Statistics written by International Monetary Fund and published by . This book was released on 1986 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Manual deals with concepts, definitions, and procedures for the compilation of statistics on government finance. It is intended as a reference tool for those who are called upon to prepare or evaluate such statistics. Focusing on financial transactions such as taxing, borrowing, spending, and lending, the Manual emphasizes the summarization and organization of statistics appropriate for analysis, planning, and policy determination.
Download or read book Law of Banking and Payment in South Africa written by Robert Sharrock and published by . This book was released on 2016 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Law of Banking and Payment in South Africa provides an explanation of some of the more important aspects of the law applicable to banks and banking in South Africa, along with the principles that govern payment and payment systems in this country. The Law of Banking and Payment in South Africa covers the following areas: a general introduction to banks and banking law; the nature of banking law and its sources; the role and function of the Reserve Bank and the various statutes that regulate banks; the bank-customer relationship; miscellaneous banking services provided by banks; general principles of payment; the law applicable to various payment systems; unauthorised cheque payments and unauthorised electronic funds transfers; international sale transactions; and bank guarantees.
