- Title
- Financial and monetary autonomy and interdependence between South Africa and the other SACU countries
- Creator
- Aziakpono, Meshach J
- Subject
- To be catalogued
- Date
- 2008
- Type
- text
- Type
- article
- Identifier
- http://hdl.handle.net/10962/469764
- Identifier
- vital:77292
- Identifier
- https://doi.org/10.1111/j.1813-6982.2008.00173.x
- Description
- The paper uses cointegration and error correction modelling techniques together with tests of weak exogeneity, and monthly interest rates for the period 1990 to 2005, to examine the degree of financial and monetary autonomy and interdependence between South Africa and the other Southern African Customs, Union (SACU) countries. The results reveal a high level of dependence of the other SACU countries' financial systems on South Africa's financial system, which suggests that a monetary unification with a single central bank (South African Reserve Bank) and monetary policy for the union is feasible.
- Format
- 23 pages, pdf
- Language
- English
- Relation
- South African Journal of Economics, Aziakpono, M.J., 2008. Financial and monetary autonomy and interdependence between South Africa and the other SACU countries. South African Journal of Economics, 76(2), pp.189-211, South African Journal of Economics volume 76 number 2 189 211 2008 1813-6982
- Rights
- Publisher
- Rights
- Use of this resource is governed by the terms and conditions of the Wiley Library Online Terms of Use Statement (https://onlinelibrary.wiley.com/terms-and-conditions)
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