LEADER 03484nam 22006975 450 001 9910255057103321 005 20240312135517.0 010 $a9781137512963 010 $a1137512962 024 7 $a10.1057/9781137512963 035 $a(CKB)3710000000653575 035 $a(SSID)ssj0001669023 035 $a(PQKBManifestationID)16461453 035 $a(PQKBTitleCode)TC0001669023 035 $a(PQKBWorkID)14333822 035 $a(PQKB)10784265 035 $a(DE-He213)978-1-137-51296-3 035 $a(MiAaPQ)EBC4720085 035 $a(Perlego)3487276 035 $a(EXLCZ)993710000000653575 100 $a20160217d2016 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt 182 $cc 183 $acr 200 10$aGlobal Growth and Financial Spillovers and the South African Macro-economy /$fby Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata 205 $a1st ed. 2016. 210 1$aLondon :$cPalgrave Macmillan UK :$cImprint: Palgrave Macmillan,$d2016. 215 $a1 online resource (XXI, 187 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 08$a9781137512956 311 08$a1137512954 311 08$a9781349561896 311 08$a1349561894 320 $aIncludes bibliographical references and index. 330 $aTo what extent is South Africa affected by G8 economies and BRIC growth shocks? This book identifies channels that amplify these shock effects, the relevance of third country transmission effects and the effects of the first and second rounds of US quantitative easing. The changing reactions of South African variables over time to financial shocks emanating from the US and selected countries in the Euro area, is presented. The book quantifies the effects of capital flow shocks, determines the counterfactuals of asset prices and economic growth variables, and compares the contribution of capital flows and domestic macro factors on asset prices. The effects of the exchange rate depreciation are contrasted to the decline in investment as key drivers of the trade balance. Stock market interdependence is determined amongst South African, Indian and Brazilian equities. The contributions of stock price returns and volatility on South African economic growth are contrasted. The authors construct a financial stress index for South Africa and determine how it amplifies shocks. 606 $aMacroeconomics 606 $aInternational economic relations 606 $aKnowledge management 606 $aFinancial services industry 606 $aMacroeconomics and Monetary Economics 606 $aInternational Economics 606 $aKnowledge Management 606 $aFinancial Services 615 0$aMacroeconomics. 615 0$aInternational economic relations. 615 0$aKnowledge management. 615 0$aFinancial services industry. 615 14$aMacroeconomics and Monetary Economics. 615 24$aInternational Economics. 615 24$aKnowledge Management. 615 24$aFinancial Services. 676 $a338.968 700 $aNcube$b Mthuli$4aut$4http://id.loc.gov/vocabulary/relators/aut$0119405 702 $aNdou$b Eliphas$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aGumata$b Nombulelo$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910255057103321 996 $aGlobal Growth and Financial Spillovers and the South African Macro-economy$92235720 997 $aUNINA