Labour Market and Fiscal Policy Adjustments to Shocks

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The book explores the intricate relationship between South African labor market dynamics, including reforms and fiscal policy, and their effects on monetary policy and financial stability. It highlights the advantages of a coordinated approach to labor market policies, fiscal strategies, and stability measures. By presenting evidence of the benefits of such coordination, it offers policymakers valuable options for navigating challenges arising from conflicting economic conditions, particularly when faced with trade-offs in price and growth outcomes.