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the cyclical properties of real government consumption in the region with those in other developing regions and high … finds that government consumption is procyclical in Sub-Saharan African countries, more so than in other regions, and that … evidence does not suggest that resource wealth or fragility increases the procyclicality of government consumption in Sub …
Persistent link: https://www.econbiz.de/10012245974
This paper presents new empirical evidence on how fiscal space in Sub-Saharan Africa has evolved over the past 15 years. Fiscal space is a multi-dimensional concept that is proxied by indicators capturing aspects of fiscal sustainability, balance sheet vulnerabilities, external debt positions,...
Persistent link: https://www.econbiz.de/10011843841