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The sustainability of South African fiscal policy
Burger, Philippe - 2024
paper presents an adapted growth equation to investigate the impact on growth of general government investment and … consumption expenditure, and of public (and private) corporation investment. While the effect of private sector investment is … positive, neither general government nor public corporation investment has a statistically significant impact on growth …
Persistent link: https://www.econbiz.de/10015076339
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Microsimulation approaches to studying shocks and social protection in selected developing economies
Adu-Ababio, Kwabena - 2022
This paper calculates automatic stabilization in Ghana, South Africa, and Ecuador to explain income cushioning amid income and demand shocks. Fiscal policies within these countries are also stress tested to gauge welfare contingencies and insurance. A discretionary action approach is adopted for...
Persistent link: https://www.econbiz.de/10013269672
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The dynamics of domestic revenue mobilization across four decades
Oppel, Annalena; McNabb, Kyle; Chachu, Daniel Ofoe - 2022
We utilize the recently updated UNU-WIDER Government Revenue Dataset, which covers key indicators on tax and non-tax revenues for 196 countries since the 1980s, to study the dynamics of government revenue tax collection across selected periods from 1985 up to the most recent available year...
Persistent link: https://www.econbiz.de/10012799100
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Fiscal policy, inequality, and the poor in the developing world
Lustig, Nora - 2016
Using comparable fiscal incidence analysis, this paper examines the impact of fiscal policy on inequality and poverty in 25 countries for around 2010. Success in fiscal redistribution is driven primarily by redistributive effort (share of social spending to GDP in each country) and the extent to...
Persistent link: https://www.econbiz.de/10011580618
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Fiscal policy, state building and economic development
Addison, Tony; Niño-Zarazúa, Miguel; Pirttilä, Jukka - 2018
This paper presents a synopsis of the contextual conditions, factors and challenges under which the recent evolution of tax systems has taken place over the past three decades. The paper gives especial emphasis to the role of natural endowments, political economy, social structure and history,...
Persistent link: https://www.econbiz.de/10011777699
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Aid and growth accelerations : vulnerability matters
Guillaumont, Patrick; Wagner, Laurent - 2012
This working paper has been prepared within the UNU-WIDER project 'Foreign Aid': Research and This paper confronts three conundrums. First, does the relationship between aid and growth fade over time when aid is successful? Second, why are aid inflows neglected in the literature on growth...
Persistent link: https://www.econbiz.de/10009516705
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Does financial liberalisation improve access to investment finance in developing countries?
O’Toole, Conor M. - 2012
This paper considers the effect of financial liberalisation on access to investment finance using firm level data … credit : firm level investment …
Persistent link: https://www.econbiz.de/10009565839
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Fiscal composition and aid effectiveness : a political-economy model
Mosley, Paul - 2012
In accounting for the rather gloomy trend of the aid effectiveness literature over the last few years, one explanatory strand has been fiscal, suggesting in particular that aid flows in weak states have tended to erode the taxbase and the structure of institutions. We pursue this idea, tracing...
Persistent link: https://www.econbiz.de/10009508593
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Aid, fiscal policy, climate change, and growth
Bevan, David L. - 2012
This paper sets out to provide an introduction to two sets of questions, and to some relevant literature that has tried to answer them. The first set of questions concern what determines growth in low-income countries, and how the answers are conditioned by the history of fiscal policy design...
Persistent link: https://www.econbiz.de/10009611728
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COVID-19 : macroeconomic dimensions in the developing world
Addison, Tony; Sen, Kunal; Tarp, Finn - 2020
The COVID-19 pandemic represents an unprecedented global crisis. The task for economic policy is to help keep people alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects macroeconomic stability and growth. Second, the tools of...
Persistent link: https://www.econbiz.de/10012228062