This book explores the disconnect between fiscal policy and macroeconomic development in South Africa. It analyses the factors that have contributed to the lack of economic growth in the country over recent decades and outlines an improved fiscal policy framework that increases investment and employment. Particular attention is given to the impact of government debt and its relationship with GDP, the connection between budget deficits and interest rates, and how economic policy ...
Содержание
Chapter 1 Introduction.- Chapter 2 Synopsis of fiscal policy in South Africa: 1994 – 2020.- Part 1: Government debt.- Chapter 3 Effects of government debt on output, ho...
Об авторе
Eliphas Ndou is a Senior Lecturer in Economics at the University of South Africa. He has worked as an economist at the South African Reserve Bank and h...