This Selected Issues paper for Algeria analyzes the growth prospects of the Algerian economy. Drawing on the findings of the empirical growth literature, the paper combines growth accounting and cross-country growth regressions to examine the role of macroeconomic and institutional factors in driving economic growth. It reviews the past growth performance in Algeri...

This Selected Issues paper for Algeria analyzes the growth prospects of the Algerian economy. Drawing on the findings of the empirical growth literature, the paper combines growth accounting and cross-country growth regressions to examine the role of macroeconomic and institutional factors in driving economic growth. It reviews the past growth performance in Algeri...

This paper discusses South Africa’s recent growth performance and its new growth targets. It analyzes the history of exchange rate volatility, compares it with other countries, and examines the relationship between volatility and trade flows in South Africa. It highlights facts on reserves holding and presents an empirical analysis of a model in assessing the adequ...

This paper discusses South Africa’s recent growth performance and its new growth targets. It analyzes the history of exchange rate volatility, compares it with other countries, and examines the relationship between volatility and trade flows in South Africa. It highlights facts on reserves holding and presents an empirical analysis of a model in assessing the adequ...