Nomura Global Economics has recently compiled an index meant to show vulnerability to a currency crisis, meaning a shift of three standard deviations from the two year average. South Africa is comfortably within the safer group of countries, ahead even of countries like China, Israel and Chile. In September 2013 The Economist magazine produced a similar index, measuring the likelihood of a capital freeze.
As in other sectors, New Deal reforms in housing and housing finance aimed to foster economic revival through government programs that either provided financing directly or strengthened the institutional and regulatory structure of private credit markets.