WIDER Working Paper 2024/59-The sustainability of South African fiscal policy
Authors
Related Organizations
- Pages
- 24
- Published in
- Finland
Table of Contents
- 1 Introduction 3
- 2 How large is the debt burden really? 4
- 3 How large is the (actual) deficit really? 6
- 4 Did the primary balance react to the increase in the debt-to-GDP ratio? 10
- 5 Did fiscal fatigue set in in the fiscal reaction function? 13
- 6 Does government expenditure have a positive impact on economic growth? 15
- 7 Conclusion: policy implications of the results 21
- References 22
- Appendix 24
