Gold standard or political discipline?

Posted by Melt van Schoor on 2010-11-15

President of the World Bank, Robert Zoellick, caused a stir last week by hinting at a need to return to the gold standard. Prof Stan du Plessis and Andreas Freytag point out that a gold standard is not necesserily an appropriate solution to current problems in this article on Vox.

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BER Weekly

19 Apr 2024
There was good news for global growth this week – with China's Q1 GDP beating expectations (see international section) and the IMF lifting its global growth forecast for 2024 once more. SA economic data releases, however, were mixed, with a welcome downtick in CPI inflation but relatively poor internal trade data. Most of the world’s economic policymakers...

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BER Weekly

19 Apr 2024
There was good news for global growth this week – with China's Q1 GDP beating expectations (see international section) and the IMF lifting its global growth forecast for 2024 once more. SA economic data releases, however, were mixed, with a welcome downtick in CPI inflation but relatively poor internal trade data. Most of the world’s economic policymakers...

Read the full issue