- Additional Authors
- Pinaud, Nicolas.
- Description
- 28 p.; 21 x 29.7cm.
- Summary
- . Lowering interest rates and, thus, the cost of borrowing in the rand zone (Lesotho, Namibia, Swaziland and South Africa) is a priority to promote investment and economic growth. . Local-currency interest rates in these countries are driven by those on rand-denominated transactions. Reducing the level and volatility of the rand premium would help reduce ?nancing costs in the region. . Policies should promote: enhancing ?nancial-market liquidity; easier access to South African ?nancial markets for African entities; domestic saving capacity; and the improvement of international perception of the rand. . Johannesburg could become a ?nancial "hub" for the region, channelling cheap resources to its neighbours.
- Series Statement
- OECD Development Centre Policy Briefs, 2077-1681 ; no.25
- Uniform Title
- OECD Development Centre Policy Briefs, no.25.
- Subject
- Development
- LCCN
- 10.1787/566107725234
- OCLC
- oecd-lib
- Author
Grandes, Martin.
- Title
Which Policies Can Reduce the Cost of Capital in Southern Africa ? [electronic resource] / Martin Grandes and Nicolas Pinaud
- Imprint
Paris : OECD Publishing, 2004.
- Series
OECD Development Centre Policy Briefs, 2077-1681 ; no.25
OECD Development Centre Policy Briefs, 2077-1681 ; no.25.
- Connect to:
- Indexed Term
Development
- Added Author
Pinaud, Nicolas.
- Other Editions:
Quelles politiques pour réduire le coût du capital en Afrique australe ? fre (FR-PaOEC)557684658444
- Other Standard Identifier
10.1787/566107725234 doi