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
30 March 2020Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...
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BER Weekly
30 March 2020Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...
Read the full issue