18 JULY 1970, page 41
South Africa's Balance Of Payments
A. B. DICKMAN There can be little doubt that the balance of payments underwent a profound transfor- mation after 1964. The slowing down of the economy from 1960-1 to 1962-63 led......
Commentary:
NICHOLAS DAVENPORT Mr Dickman is certainly very optimistic about the future supply of capital from abroad—and he may well be right—but his paper emphasises the speculative......
The Liquidity Problem
J. F. C. CRONJE Chairman of the Netherlands Bank of South Africa One of the most puzzling concepts of economic theory is that of liquidity. It is puzzling because it can be......
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