01644cas a2200241 a 4500 AALejournalIMF008641 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451841008 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. South Africa : Staff Report for the 2003 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (69 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2003 Article IV Consultation highlights that the South African economy performed well in 2002, notwithstanding difficult global economic conditions. Supported by sound macroeconomic management and a highly competitive exchange rate, real GDP growth rose to 3.0 percent in 2002 from 2.8 percent in 2001. However, growth slowed to 1.5 percent in the first quarter of 2003, largely in response to a strong currency appreciation and tight financial conditions. The sharp currency depreciation that occurred in the second half of 2001 provided a major boost to activity during much of 2002. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/178 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/178/002.2004.issue-178-en.xml IMF e-Library