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The Legacy And Challenge Of Fiscal Policy In Sub-Saharan Africa

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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. Copyright (c) 2007 The Authors; Journal compilation (c) Economic Society of South Africa 2007.

Suggested Citation

  • F.k. Siebrits & E. Calitz, 2007. "The Legacy And Challenge Of Fiscal Policy In Sub-Saharan Africa," 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
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    References listed on IDEAS

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    1. Alex Mourmouras & Anna Ivanova & George C. Anayotos & Wolfgang Mayer, 2003. "What Determines the Implementation of IMF-Supported Programs?," IMF Working Papers 03/8, International Monetary Fund.
    2. World Bank, 2005. "African Development Indicators 2005," World Bank Publications, The World Bank, number 13111.
    3. World Bank, 2006. "World Development Indicators 2006," World Bank Publications, The World Bank, number 8151.
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    Cited by:

    1. Victor D. Lledó & Irene Yackovlev & Lucie Gadenne, 2011. "A Tale of Cyclicality, Aid Flows and Debt: Government Spending in Sub-Saharan Africa," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 20(5), pages 823-849, November.
    2. Corinne Deléchat & Ejona Fuli & Dafina Glaser & Gustavo Ramirez & Rui Xu, 2015. "Exiting From Fragility in sub-Saharan Africa; The Role of Fiscal Policies and Fiscal Institutions," IMF Working Papers 15/268, International Monetary Fund.
    3. 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.
    4. Sophia Gollwitzer, "undated". "Budget Institutions and Fiscal Performance in Africa," Discussion Papers 10/02, University of Nottingham, CREDIT.

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