THE LEGACY AND CHALLENGE OF FISCAL POLICY IN SUB‐SAHARAN AFRICA1

Franz Siebrits and Estian Calitz

South African Journal of Economics, 2007, vol. 75, issue 2, 221-235

Abstract: This paper traces salient aspects of the evolution of fiscal policy in sub‐Saharan Africa since 1960 and highlights the need for further reforms to consolidate the gains of the recent past. The fiscal position of the sub‐Saharan African region as a whole has improved markedly during the past ten years, but most countries still face formidable fiscal challenges. To consolidate the progress made during the past decade and to tackle the remaining problems, sub‐Saharan African policymakers should remain firmly committed to sound fiscal policies.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:bla:sajeco:v:75:y:2007:i:2:p:221-235

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