The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland /

Botswana, Lesotho, Namibia, and Swaziland face the serious challenge of adjusting not only to lower Southern Africa Customs Union (SACU) transfers because of the global economic crisis, but also to a potential further decline over the medium term. This paper assesses options for the design of the ne...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Zanna, Luis-Felipe
Άλλοι συγγραφείς: Basdevant, Olivier, Verdier, Genevieve, Yang, Susan
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2011.
Σειρά:IMF Working Papers; Working Paper ; No. 2011/266
Διαθέσιμο Online:Full text available on IMF
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245 1 4 |a The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland /  |c Luis-Felipe Zanna, Olivier Basdevant, Susan Yang, Genevieve Verdier. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a Botswana, Lesotho, Namibia, and Swaziland face the serious challenge of adjusting not only to lower Southern Africa Customs Union (SACU) transfers because of the global economic crisis, but also to a potential further decline over the medium term. This paper assesses options for the design of the needed fiscal consolidation. The choice among these options should be driven by (i) the impact on growth and (ii) the specificities of each country. Overall, a focus on government consumption cuts appears to minimize the negative impact on growth, and would be appropriate given the relatively large size of the public sector in each country. 
538 |a Mode of access: Internet 
700 1 |a Basdevant, Olivier. 
700 1 |a Verdier, Genevieve. 
700 1 |a Yang, Susan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/266 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2011/266/001.2011.issue-266-en.xml  |z IMF e-Library