This book provides a comprehensive investigation of the messy and crisis-ridden
relationship between the operations of capitalist finance, global capital flows, and state …

The establishment of the Financial Stability Board (FSB) in April 2009 by the Group of 20
(G20) leaders legitimized the South African Reserve Bank's (SARB) role to incorporate a …

The numerous diagnostic studies and policy recommendations that exist for South Africa
typically focus on microeconomic constraints to growth. Higher potential growth certainly …

We employ a micro-founded, stock-flow consistent computable general equilibrium model to
study the impact of increases of the leverage ratio on the South African economy. The model …

The extensive diagnostic studies and policy recommendations that exist for South Africa
typically focus on microeconomic constraints to growth. Higher potential growth certainly …

The European experience suggests that the efforts made to achieve an efficient trade-off
between monetary policy and prudential supervision ultimately failed. The severity of the …

We develop a large macro-econometric model with a detailed financial block to study the
impacts of changes to capital requirements and the loan-to-value (LTV) ratio on key …

This Technical Assistance report lists key issues discussed between the IMF's Fiscal Affairs
Department (FAD) and the Davis Tax Committee regarding recommendations for tax reforms …

We employ a micro-founded and stock-and-flow-consistent model to study the impact of a
higher leverage ratio on the South African economy. The model provides a rich …

ERSA Policy Bulletin Page 1 1 ERSA Policy Bulletin May 2020 A fair price for economic
modelling? Transparency required Chris Loewald, Pamela Mjandana, Konstantin Makrelov1 …