01645cas a2200241 a 4500 AALejournalIMF008722 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451841015 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. South Africa : Staff Report for the 2004 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (65 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 2004 Article IV Consultation highlights that economic growth in South Africa slowed in 2003 to 1.9 percent, from 3.6 percent in 2002, despite strong domestic demand. Fuelled by low interest rates, a more expansionary fiscal stance, and the wealth effects from strong commodity and property price increases, domestic expenditures rose strongly in 2003. Developments in 2004 point to a rebound in growth. Real GDP grew by 3.9 percent in the second quarter and a range of indicators, such as retail sales and consumer and business confidence measures, point to an acceleration in activity. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/378 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/378/002.2004.issue-378-en.xml IMF e-Library