Economists would want to see if the manifestos point to any change in the way the government handles the national budget and the Reserve Bank. Here the solemn words “macroeconomic policy” signal serious economic and political issues, and debates about what exactly the august institutions of the Treasury and the bank should do.
While the EFF undertakes to nationalise the Reserve Bank, the ANC is silent in the manifesto on this. And while the EFF would nationalise the Reserve Bank it has nothing further to say about monetary policy. Changing the ownership of the Reserve Bank, as the On the other hand, the New Zealand government has changed its central bank mandate from pure inflation-targeting to a dual mandate – adding maximum employment as an objective. According to the specialist news website, Central Banking, the NZ Reserve Bank was the first central bank to adopt an inflation-targeting regime, and that it has now ditched that single-minded approach is significant.
Debt levels are only one part of the picture, and none of the parties have any real answers to the taxing problem of an economy where widespread exclusion from full participation in the economy means a narrow tax base and inequality. South Africa is in some respects highly taxed, as I pointed out in a. An assurance, at least, that imposing more sneaky indirect taxes will be resisted would be comforting.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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BUSINESS MAVERICK – 2019 ELECTIONS: What the manifestos reveal about the parties’ economic policies (Part 1)Unpacking the manifestos of the three main parties contesting the 2019 general elections – the EFF, DA and ANC – it is hard not to come away feeling a bit underwhelmed.
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BUSINESS MAVERICK - 2019 ELECTIONS: A bewildering process: What the manifestos reveal about the parties’ economic policies (Part 2)Unpacking the economic policies in the election manifestos is a bewildering process: The EFF manifesto seems to have been written by university students, the DA’s by consultants and the ANC’s as if it was done by committee. This article is rubbish and useless
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BUSINESS MAVERICK: One month before 2019 election, SA economy takes three hits in quick successionThey say that the hits that don’t break your back make you stronger. In fact, it’s more likely that the hits that don’t break your back will, in fact, make you weaker. The news is not entirely as gloomy as it seems, but coming just before the election, one thing is for sure: the incumbent government will not be propelled into the election on a wave of a strong economy. Not only hits, those are big hits, as well tim_cohen. I can't help wondering what S&P are smoking to get all that Ramaphoria....🙄 We're we really expecting a different outcome? Government is in tatters, Cyril house is still not finished, everyones rioting, burning books, throwing chairs, it's a baby written soap opera, Days in S. A.........
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Business Maverick: Standard and Poors Sees S.A Policy Reforms Continuing After ElectionStandard and Poors Global Ratings is counting on the ANC to continue with policy reforms after the May 8 election, and this is why there is stable outlook on SA's credit rating.
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Business Maverick: Analysis: The Future of Economic GrowthJim O’Neill, former chairman of Goldman Sachs Asset Management and a former UK Treasury Minister, on the growing divide between economic theory and real-world economic conditions
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Business Maverick: Newmont Bondholder Revolt May Put Barrick on Hook for DebtBarrick Gold Corp. could find itself partially liable for $600 million in additional debt if some Newmont Mining Corp. bondholders have their way.
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BUSINESS MAVERICK: A good cop-bad cop approach to the world’s, and South Africa’s, economic growthThe world economy is at a crossroads, with the IMF warning of a synchronised downturn this year but pointing to a 2020 turnaround if policymakers get it right. However, it will take more than playing the good cop to get there, for South Africa in particular. Policymakers will also need to play the bad cop if they want to gear countries for the deeper structural changes underway and too important to be ignored.
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BUSINESS MAVERICK: Africa is being left out of the digital tax loopIt’s a tricky issue. Tech companies are able to operate internationally very effectively, zooming down fibre optic cables from their tax havens. Should they be taxed in a different way? It’s now a leading topic on the global agenda, and African tax experts are hustling to join the discussions. Governments around the world have proposed varying solutions. Africa, however, is not necessarily happy with the progress, but potential solutions are out there. Very interesting piece DURITZ79
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