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Following the onset of the global economic crisis in 2008, SACU member countries have witnessed a significant growth slowdown, and a deterioration of their fiscal balances. This paper (i) assesses options for the design of the needed fiscal consolidation, and (ii) discussed medium-term fiscal...
Persistent link: https://www.econbiz.de/10013066167
This study seeks to investigate the impact of fiscal and monetary policy on economic growth in Southern African Custom Union (SACU) member economies between 1980 and 2017. Government expenditure and revenue were used as the proxy variables for the fiscal policy whereas real interest rate,...
Persistent link: https://www.econbiz.de/10012860072
Following the onset of the global economic crisis in 2008, SACU member countries have witnessed a significant growth slowdown, and a deterioration of their fiscal balances. This paper (i) assesses options for the design of the needed fiscal consolidation, and (ii) discussed medium-term fiscal...
Persistent link: https://www.econbiz.de/10014396653
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Marking its 100-year anniversary this year, the SACU is the oldest surviving customs union today. This paper lays out the history of the SACU and its governance structures, details of the new agreement, the EU's economic activities in the southern African region, and current issues facing the...
Persistent link: https://www.econbiz.de/10013131450
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