Economic Globalization and Fiscal Policy
Published in March 2000
Book
Paperback/Softback
576 pages
978-0-19-571685-6 (ISBN)
Description
The text highlights a crucial area in macroeconomics and economic growth, globalization, a field of study that is relatively new in South African economic research. Fiscal policy management is a crucial area of study and debate since South Africa's transformation and the efforts to improve its economy. The book analyzes the efforts underway, making suggestions for both students and policy-makers to consider, in either analyzing fiscal reforms or making them, and provides a comprehensive discussion on theoretical and empirical research. The text is directly policy related and stems from the Budget Project (UCT) which was formed to have direct and practical impact on South African economic policy. It studies the impact of economic globalization in the context of both developed and developing economies. The increasing loss of national sovereignty world-wide and fiscal implications for governments are specifically discussed with South Africa as the empirical focus.
More details
Language
English
Place of publication
Goodwood
South Africa
Target group
College/higher education
Professional and scholarly
Illustrations
tab., fig.
44 b&w graphs and diagrams, 71 tables, bibliography, index
Dimensions
Height: 240 mm
Width: 168 mm
Weight
967 gr
ISBN-13
978-0-19-571685-6 (9780195716856)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Iraj Abedian and Michael Biggs are both at Applied Fiscal Research Centre, University of Cape Town.
Content
Part 1 Policy environment: economic globalization - the consequences for fiscal management, Iraj Abedian; democracy, development and delivery, Nicoli Nattrass, Jeremy Seekings; the evolution of devolution - fiscal decentralization in South Africa, Tania Ajam. Part 2 Taxation: taxation and economic growth, Richard Simson; tax competition in South Africa - are we prepared?, Zurika Clausen; inflation and government revenues, Iraj Abedian and Michael Biggs. Part 3 Debt and the deficit: the use of alternate deficit measures in assessing fiscal stance, Tania Ajam; deficits and economic growth, Michael Biggs; deficit financing and the public debt in South Africa, Adrian Cronje; managing public debt in South Africa, Iraj Abedian and Haim Abraham. Part 4 Expenditure and the budget system: government expenditure in an international perspective, Krige Siebrits; where to put social security? - the implications of different budgeting options, Conrad Barberton; fiscal aspects of government employment and remuneration, Krige Siebrits; budget system reform - a precondition for effective fiscal management, Iraj Abedian. Part 5 Epilogue - policy implications: facing the real challenges of fiscal policy in a globalized economic order, Iraj Abedian.