期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2012
卷号:3
期号:12
页码:102-106
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:The paper investigates whether single-digit inflation promotes economic growth with annual time series data from South Africa (1965-2010). Evidence from the analysis suggests that single-digit inflation undermines economic growth in the long run. The paper, therefore, submits that inflation targeting in the single-digit threshold may not be in the best interest of a developing economy like South Africa.
关键词:Inflation; South Africa; Economic Growth; financial intermediary; Size