So far, my analyses focus on the effects of demographic changes on macroeconomic performance of the Japanese economy as a whole. In practice, demographic changes, such as population aging or a low birth rate, advance unevenly across regions.
Mr. Stals discusses monetary policy challenges in South Africa Address by the Governor of the South African Reserve Bank, Dr. Chris Stals, at a South African Financial Markets Conference arranged by Standard Bank of South Africa Limited in Cape Town, on 7/11/97. 1.