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The Legacy And Challenge Of Fiscal Policy In Sub‐Saharan Africa1

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  • F.k. Siebrits
  • E. Calitz

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.

Suggested Citation

  • F.k. Siebrits & E. Calitz, 2007. "The Legacy And Challenge Of Fiscal Policy In Sub‐Saharan Africa1," South African Journal of Economics, Economic Society of South Africa, vol. 75(2), pages 221-235, June.
    • Handle: RePEc:bla:sajeco:v:75:y:2007:i:2:p:221-235
    DOI: 10.1111/j.1813-6982.2007.00115.x
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    References listed on IDEAS

    as
    1. World Bank, 2005. "World Development Indicators 2005," World Bank Publications - Books, The World Bank Group, number 12425, April.
    2. World Bank, 2005. "African Development Indicators 2005," World Bank Publications - Books, The World Bank Group, number 13111, April.
    3. Mr. Alex Mourmouras & Anna Ivanova & Mr. George C Anayiotos & Mr. Wolfgang Mayer, 2003. "What Determines the Implementation of IMF-Supported Programs?," IMF Working Papers 2003/008, International Monetary Fund.
    4. repec:wbk:wbpubs:12426 is not listed on IDEAS
    5. World Bank, 2006. "World Development Indicators 2006," World Bank Publications - Books, The World Bank Group, number 8151, April.
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    Cited by:

    1. Ms. Corinne C Delechat & Ms. Ejona Fuli & Mrs. Dafina Glaser & Mr. Gustavo Ramirez & Rui Xu, 2015. "Exiting From Fragility in sub-Saharan Africa: The Role of Fiscal Policies and Fiscal Institutions," IMF Working Papers 2015/268, International Monetary Fund.
    2. Robinson, Zurika, 2017. "Sustainability of platinum production in South Africa and the dynamics of commodity pricing," Resources Policy, Elsevier, vol. 51(C), pages 107-114.
    3. Corinne Deléchat & Ejona Fuli & Dafina Mulaj & Gustavo Ramirez & Rui Xu, 2018. "Exiting from Fragility in Sub‐Saharan Africa: The Role of Fiscal Policies and Fiscal Institutions," South African Journal of Economics, Economic Society of South Africa, vol. 86(3), pages 271-307, September.
    4. Sophia Gollwitzer, 2010. "Budget Institutions and Fiscal Performance in Africa," Discussion Papers 10/02, University of Nottingham, CREDIT.
    5. Irene Yackovlev & Victor Duarte Lledo & Lucie Gadenne, 2009. "Cyclical Patterns of Government Expenditures in Sub-Saharan Africa: Facts and Factors," IMF Working Papers 2009/274, International Monetary Fund.

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