Fiscal Rules

Coping with Revenue Volatility in Lesotho and Swaziland

Fiscal Rules
Over the past decade, Lesotho and Swaziland have faced significant volatility in their fiscal revenues, owing to highly unstable Southern African Customs Union (SACU) receipts. Based on model analysis, this paper explores the advantages of implementing fiscal rules to deal with such volatility. It finds that the use of a structural balance... READ MORE...

Publication date: September 2017
ISBN 9781484309575
$25.00

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