Inside the South African Reserve Bank

Inside the South African Reserve Bank PDF Author: Stephen Mitford Goodson
Publisher: Black House Publishing
ISBN: 9780992736583
Category : Banks and banking
Languages : en
Pages : 158

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Book Description
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.

Inside the South African Reserve Bank

Inside the South African Reserve Bank PDF Author: Stephen Mitford Goodson
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 158

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Book Description


Achieving Price, Financial and Macro-Economic Stability in South Africa

Achieving Price, Financial and Macro-Economic Stability in South Africa PDF Author: Nombulelo Gumata
Publisher: Springer Nature
ISBN: 303066340X
Category : Business & Economics
Languages : en
Pages : 556

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Book Description
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.

The Art of Central Banking

The Art of Central Banking PDF Author: Ralph George Hawtrey
Publisher: Psychology Press
ISBN: 0714612278
Category : Banks and banking
Languages : en
Pages : 487

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Book Description
First Published in 1970. Routledge is an imprint of Taylor & Francis, an informa company.

Business Cycles and Structural Change in South Africa

Business Cycles and Structural Change in South Africa PDF Author: Willem H. Boshoff
Publisher: Springer Nature
ISBN: 3030357546
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
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.

Economics of South African Townships

Economics of South African Townships PDF Author: Sandeep Mahajan
Publisher: World Bank Publications
ISBN: 1464803021
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
Countries everywhere are divided within into two distinct spatial realms: one urban, one rural. Classic models of development predict faster growth in the urban sector, causing rapid migration from rural areas to cities, lifting average incomes in both places. The situation in South Africa throws up an unconventional challenge. The country has symptoms of a spatial realm that is not not rural, not fully urban, lying somewhat in limbo. This is the realm of the country’s townships and informal settlements (T&IS). In many ways, the townships and especially the informal settlements are similar to developing world slums, although never was a slum formed with as much central planning and purpose as were some of the larger South African townships. And yet, there is something distinct about the T&IS. For one thing, unlike most urban slums, most T&IS are geographically distant from urban economic centers. Exacerbated by the near absence of an affordable public transport system, this makes job seeking and other forms of economic integration prohibitively expensive. Motivated by their uniqueness and their special place in South African economic and social life, this study seeks to develop a systematic understanding of the structure of the township economy. What emerges is a rich information base on the migration patterns to T&IS, changes in their demographic profiles, their labor market characteristics, and their access to public and financial services. The study then look closely at Diepsloot, a large township in the Johannesburg Metropolitan Area, to bring out more vividly the economic realities and choices of township residents. Given the current dichotomous urban structure, modernizing the township economy and enabling its convergence with the much richer urban centers has the potential to unleash significant productivity gains. Breaking out of the current low-level equilibrium however will require a comprehensive and holistic policy agenda, with significant complementarities among the major policy reforms. While the study tells a rich and coherent story about development patterns in South African townships and points to some broad policy directions, its research and analysis will generally need to be deepened before being translated into direct policy action.

Understanding South African Financial Markets

Understanding South African Financial Markets PDF Author:
Publisher:
ISBN: 9780627029813
Category : Capital market
Languages : en
Pages : 553

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Book Description


Financial Enterprise in South Africa Since 1950

Financial Enterprise in South Africa Since 1950 PDF Author: Stuart Jones
Publisher: MacMillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 344

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Book Description


Organisation and Economic Change

Organisation and Economic Change PDF Author: Alan Mabin
Publisher: Raven Press (South Africa)
ISBN:
Category : Business & Economics
Languages : en
Pages : 240

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Book Description


The South African Financial System

The South African Financial System PDF Author:
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 520

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Book Description