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

11 June 2018
Over the weekend, welcome news broke that the majority of public sector trade unions had signed a multi-year wage deal with the government. Unfortunately, the costs are significantly more than budgeted for by National Treasury in the February Budget. This means that the government is faced with some tough choices. The fact that GDP growth disappointed...

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BER Weekly

11 June 2018
Over the weekend, welcome news broke that the majority of public sector trade unions had signed a multi-year wage deal with the government. Unfortunately, the costs are significantly more than budgeted for by National Treasury in the February Budget. This means that the government is faced with some tough choices. The fact that GDP growth disappointed...

Read the full issue