The ERSA policy bulletin is a vehicle for preliminary research, lightly reviewed, on current policy issues and debates. The series emphasizes brief, focused, and timely interventions. The desk review will evaluate ethical and professional standards, basic research design, and the interest of the topic. The manuscript should not be longer than seven printed pages or less, excluding tables, figures, and references. Authors willing to present their research in this series should send the manuscript in PDF format to nicola.viegi [at] up.ac.za (nicola.viegi [at] up.ac.za).
Economic growth requires delivering a credible fiscal consolidation plan that shifts spending towards investment in infrastructure, human capital accumulation and a environmentally sustainable economy. Fiscal policy has to move first, reducing risk premia and the neutral real rate, allowing...
After the COVID-19 crisis is over, South Africa will face a fiscal mountain that looks insurmountable. Many of the problems experienced in the public finances originated outside of the fiscus and have to be addressed at source, neither fiscal discretion, nor fiscal rules or any fiscal framework...
The principle of transparency is the only way that policy makers can understand the limitations of a model and use its outputs effectively to inform policy. In absence of this transparency, there is no accountability and claims cannot be tested. The first ERSA policy bulletin discusses how to...
