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Periodical article | Leiden University catalogue | WorldCat |
Title: | South African Consumer Price Inflation in a Historical and Global Context |
Authors: | Mokoena, T.M. Rangasamy, L. Swanepoel, J.A. Visser, F.J. |
Year: | 2005 |
Periodical: | South African Journal of Economic History |
Volume: | 20 |
Issue: | 1 |
Period: | March |
Pages: | 109-130 |
Language: | English |
Geographic term: | South Africa |
Subjects: | inflation consumer prices History and Exploration Economics and Trade |
External link: | https://doi.org/10.1080/10113430509511181 |
Abstract: | This article analyses the trend in South African consumer prices in a global and historical context. The primary concern is ascertaining how South African consumer prices have evolved over time in relation to those in other countries. The authors first provide a historical review of inflation trends in South Africa and compare South African consumer price inflation (CPI) with CPI in other countries in the 1990s, when the globalization of the South African economy began in earnest. Against this background, they analyse the direct impact of foreign CPI shocks on South African CPI. They conclude that there can be little doubt that the economic reforms implemented since 1994 have played an important part in the disinflationary process in South Africa, especially the adoption of inflation targeting. Notes, ref. [ASC Leiden abstract] |