Suggestions for Alternative Measures of Budget Balance for South Africa

Davina Jacobs

No 2002/110, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; budget balance; government; break; balance; country; Budget deficit; fiscal indicators; fiscal stance; GDP ratio; government assets; policy objective; government saving; Budget planning and preparation; Government finance statistics; Africa; Australia and New Zealand (search for similar items in EconPapers)
Pages: 26
Date: 2002-06-01
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Citations: View citations in EconPapers (2)

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