Author & Panelist

Konstantin Makrelov

Konstantin Makrelov is a Lead Economist at the South African Reserve Bank. His work covers variety of topics related to monetary policy, economic growth and forecasting. He was previously the Chief Director responsible for Economic Modelling and Forecasting at the National Treasury.


Related Publications​

Addressing low labour utilisation in South Africa
Policy Paper 27 South Africa’s stubbornly low labour utilisation ra...
Christopher Loewald, Konstantin Makrelov, Andreas Wörgötter
Policy Paper
Fiscal risks and their impact on banks’ capital buffers in South Africa
South Africa’s fiscal balances have deteriorated significantly over...
Bojosi Morule, Neryvia Pillay Bell, Konstantin Makrelov
Working Paper
Time consistency and economic growth: A case study of South African macroeconomic policy
The numerous diagnostic studies and policy recommendations that exi...
Konstantin Makrelov, David Faulkner, Christopher Loewald
Working Paper
Policy Bulletin 04: Electricity reforms: Experience and approach
South Africa has been experiencing electricity shortages since 2008...
Christopher Loewald, Konstantin Makrelov, Andreas Wörgötter
Policy Bulletin
Policy Bulletin 03: Macroeconomic policy options for a savings constrained economy: the...
Economic growth requires delivering a credible fiscal consolidation...
David Faulkner, Christopher Loewald, Konstantin Makrelov
Policy Bulletin
Policy Bulletin 01: A fair price for economic modelling? Transparency required
The principle of transparency is the only way that policy makers ca...
Christopher Loewald, Pamela Mjandana, Konstantin Makrelov
Policy Bulletin
Achieving Higher Growth and Employment: Policy options for South Africa
Using a dynamic computable general equilibrium model, the paper pro...
David Faulkner, Christopher Loewald, Konstantin Makrelov
Working Paper

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