Fiscal anchors and sustainable fiscal policy

Krige Siebrits and Estian Calitz

No wp-2023-98, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper discusses the rationale and options for a fiscal anchor for South Africa and its potential for restoring and maintaining fiscal sustainability. It argues that a well designed fiscal anchor can be useful in the current fiscal milieu, but notes that the popularity of fiscal rules belies an uneven record and doubts about their efficacy.

Keywords: Fiscal policy; Fiscal sustainability; South Africa; Rules (search for similar items in EconPapers)
Date: 2023
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