Suggestions for Alternative Measures of Budget Balance for South Africa
Davina Frederika Jacobs
affiliation not provided to SSRN
IMF Working Paper No. 02/110
The following hypothesis was set and tested by this study: is the conventional budget balance, as generally accepted and used, still relevant for South Africa? The paper found that several possible alternatives are available but each must be viewed from the standpoint of their applicability to the South African context. Several were not suitable for South Africa--only because of a serious lack of available data needed to make them operational. The paper also highlights the need for reforms in government financial information in South Africa.
Number of Pages in PDF File: 27
Keywords: Budget deficit, fiscal indicators, fiscal stance
JEL Classification: H62, E62working papers series
Date posted: January 31, 2006
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