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Fiscal Policy Shocks and Macroeconomic Growth in South Africa

Fiscal Policy Shocks and Macroeconomic Growth in South Africa: Missing Links and Policy Gaps

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Fiscal Policy Shocks and Macroeconomic Growth in South Africa: Missing Links and Policy Gaps

Ndou, Eliphas; Gumata, Nombulelo

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 uncertainty affects employment dynamics and inflation.

This book provides practical fiscal policy suggestions to increase economic growth in South Africa and Africa more generally. It will be relevant to researchers and policymakers interested in African economics and economic policy.

Details

Published by: Palgrave Macmillan

Publication Date: 2023-09-17

Format: Hardcover

ISBN-13: 9783031377549

DOI: 10.1007/978-3-031-37755-6

Dimensions: 210cm x148cm

Pages: 255

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