LEADER 03798nam 22006855 450 001 9910255057103321 005 20200703103811.0 010 $a1-137-51296-2 024 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(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 $a1-137-51295-4 311 $a1-349-56189-4 320 $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 economics 606 $aKnowledge management 606 $aInvestment banking 606 $aSecurities 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aInternational Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W33000 606 $aKnowledge Management$3https://scigraph.springernature.com/ontologies/product-market-codes/515030 606 $aInvestments and Securities$3https://scigraph.springernature.com/ontologies/product-market-codes/626020 607 $aSouth Africa$xForeign economic relations 615 0$aMacroeconomics. 615 0$aInternational economics. 615 0$aKnowledge management. 615 0$aInvestment banking. 615 0$aSecurities. 615 14$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aInternational Economics. 615 24$aKnowledge Management. 615 24$aInvestments and Securities. 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