The Stability of M3 Money Demand and Monetary Growth Targets: The Case of South Africa.

Determines whether money should continue to play an important role in the formulation of monetary policy in South Africa, even though the monetary policy framework has changed to an inflation targeting strategy. Theoretical exposition of the arguments for and against a monetary growth targeting str...

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Bibliographic Details
Published in:Journal of Development Studies Vol. 39; no. 3; pp. 155 - 181
Main Author: Nell, Kevin S.
Format: Article
Published: Taylor & Francis Ltd Feb2003
Subjects:
Online Access:View this record in EBSCOhost