Macroeconomic Volatility Project
The pressure indicators aim at developing an early warning mechanism on the macroeconomic conditions of various types of South Africa. The current indicators use historical data to analyze the South African economy from seven perspectives. The current calculations and graph aim to point out years with abnormal deviations for the economic indicators which would theoretically suggest pressure scenarios. This project is a work in progress and aims to give users a look into historical macroeconomic deviations, especially the years when South Africa experienced abnormal shocks. For current use, these indexes could assist users to take a deeper look at the historical development of the South African economy, and analyze variables within each indicator that led to these shock moments. A key feature of the graphics is the facility to break down each indicator into its sub-components which allows users to study in more detail the composition of macroeconomic pressure.Yoemna.Mosaval [at] econrsa.org (send us an email).