POSTGRADUATE:

COSATU is calling for a review of the inflation targeting policy framework. In a policy brief to the Finance Minister discuss whether or not this policy has been successful. Would its removal result in higher or lower nominal interest rates over time? Discuss the alternatives to inflation targeting and make recommendations.

UNDERGRADUATE:

The recipe for success in many countries, especially in Asia, has been their ability to increase exports. South Africa's performance in this regard has not been stellar. What macroeconomic and microeconomic policy changes would you recommend to increase South Africa's export potential?

The closing date for this Competition is Friday 15 May 2009