Keyword: inflation targeting

Making Sense of the Inflation Targeting Debate in South Africa

Picture: Wallet Pop Video We've all heard about how important inflation targeting is for the health of our economies. But inflation targeting is a hotly contested monetary policy instrument. Some question whether it is an appropriate tool to deal with food inflation and oil price hikes. Are they correct to hold this view? Saliem Fakir Head of the Living Planet Unit at World Wildlife Fund argues that South Africa has perhaps taken a conservative role in the way that it has managed the economy. The relationship...