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001481075 001__ 1481075
001481075 003__ OCoLC
001481075 005__ 20231031003321.0
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001481075 008__ 230925s2023\\\\sz\a\\\\ob\\\\001\0\eng\d
001481075 019__ $$a1398568999$$a1399168506
001481075 020__ $$a9783031377556$$q(electronic bk.)
001481075 020__ $$a3031377559$$q(electronic bk.)
001481075 020__ $$z9783031377549
001481075 020__ $$z3031377540
001481075 0247_ $$a10.1007/978-3-031-37755-6$$2doi
001481075 035__ $$aSP(OCoLC)1399428748
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001481075 049__ $$aISEA
001481075 050_4 $$aHJ1471
001481075 08204 $$a336.68$$223/eng/20230925
001481075 1001_ $$aNdou, Eliphas,$$eauthor.
001481075 24510 $$aFiscal policy shocks and macroeconomic growth in South Africa :$$bmissing links and policy gaps /$$cEliphas Ndou, Nombulelo Gumata.
001481075 264_1 $$aCham :$$bPalgrave Macmillan,$$c2023.
001481075 300__ $$a1 online resource (xxxv, 255 pages) :$$billustrations
001481075 336__ $$atext$$btxt$$2rdacontent
001481075 337__ $$acomputer$$bc$$2rdamedia
001481075 338__ $$aonline resource$$bcr$$2rdacarrier
001481075 504__ $$aIncludes bibliographical references and index.
001481075 5050_ $$aChapter 1 Introduction -- Chapter 2 Synopsis of fiscal policy in South Africa: 1994-2020 -- Part 1: Government debt -- Chapter 3 Effects of government debt on output, household consumption and gross fixed capital formation: Role of the credit conditions channel -- Chapter 4 Government debt and household consumption: the influence of the wealth channel -- Chapter 5 Government debt and capital formation nexus in South Africa: The role of the debt threshold -- Chapter 6 Government debt and fixed capital formation nexus: Effects of the interest rate and monetary policy credibility channels -- Chapter 7 Inflation targeting band, the government debt and capital formation nexus in South Africa -- Chapter 8 Do high government debt-to-GDP regimes propagate the adverse macro-economic effects of high budget deficit regimes? -- Chapter 9 Debt-to-GDP ratio, investment growth and employment growth, and their response to high nominal GDP growth regimes -- Chapter 10 The impact of the debt-to-GDP ratio on investment growth -- Part 2: Fiscal budget balance deficits -- Chapter 11 Budget deficit thresholds and their macroeconomic impact -- Chapter 12 The impact of a persistent increase in the budget deficit on real interest rates -- Chapter 13 What are the effects of budget deficit regimes on inflation and inflation expectations? -- Part 3: Interest rates -- Chapter 14 Widening budget deficits and investment growth dynamics -- Chapter 15 Do high debt service costs reduce the potency of accommodative fiscal policy in South Africa? -- Chapter 16 What are the macroeconomic effects of a positive interest rate-GDP growth differential shock? -- Part 4: Economic policy uncertainty -- Chapter 17 Economic policy uncertainty and the employment dynamics in South Africa under the inflation targeting regime -- Chapter 18 Economic policy uncertainty, employment dynamics and price stability in South Africa -- Chapter 19 The role of economic and policy uncertainty on the effects of widening budget deficits on yields and the credit default swap spreads -- Chapter 20 Summary of main findings and policy implications.
001481075 506__ $$aAccess limited to authorized users.
001481075 520__ $$aThis 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. Eliphas Ndou is a Senior Lecturer in Economics at the University of South Africa. He has worked as an economist at the South African Reserve Bank and has authored books on international finance, fiscal policy, monetary, labour, macro and microeconomics, banking regulation, and macro-prudential policy. Nombulelo Gumata is an Economist. She worked at the South African Reserve Bank and has authored several books on international finance and macroeconomics, macro-prudential and regulatory tools and financial stability, labour markets, and monetary, and fiscal policy.
001481075 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed September 25, 2023).
001481075 650_6 $$aPolitique fiscale$$zAfrique du Sud.
001481075 650_0 $$aFiscal policy$$zSouth Africa.$$zUnited States$$0(DLC)sh2008103784
001481075 650_0 $$aEconomic development$$zSouth Africa.$$0(DLC)sh 85029061
001481075 655_0 $$aElectronic books.
001481075 7001_ $$aGumata, Nombulelo,$$eauthor.
001481075 77608 $$iPrint version: $$z3031377540$$z9783031377549$$w(OCoLC)1381545041
001481075 852__ $$bebk
001481075 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-37755-6$$zOnline Access$$91397441.1
001481075 909CO $$ooai:library.usi.edu:1481075$$pGLOBAL_SET
001481075 980__ $$aBIB
001481075 980__ $$aEBOOK
001481075 982__ $$aEbook
001481075 983__ $$aOnline
001481075 994__ $$a92$$bISE