Causes of Inflation in Namibia: An Empirical Exploration

John Ernest Odada and Joel Eita ()

The African Finance Journal, 2010, vol. 12, issue Conference Issue, 44-57

Abstract: This paper sets out to establish possible causes of inflation in Namibia. These are: growth in Namibia’s money supply, aggregate demand and domestic costs of production; and pass-through of South Africa’s prices and costs to domestic prices in Namibia. This paper argues that inflation in Namibia is caused by a combination of monetary and structural factors. The paper recommends the following strategies:optimal mix of monetary and fiscal policy measures; exploration of Namibia’s import substitution possibilities; reduction of monopolistic and oligopolistic powers in manufacturing and trade; and increase labour productivity, as a means of reducing average cost of production.

JEL-codes: C32 C51 E30 E31 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:afj:journl:v:12:y:2010:i:conference:p:44-57

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