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Author: Lesotho
Publisher:
ISBN:
Category : Lesotho
Languages : en
Pages : 394
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Book Description
Author: Lesotho
Publisher:
ISBN:
Category : Lesotho
Languages : en
Pages : 394
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Book Description
Author: Lesotho. Bureau of Statistics
Publisher:
ISBN:
Category :
Languages : en
Pages : 438
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Book Description
Author: Lesotho
Publisher:
ISBN:
Category : Budget
Languages : en
Pages :
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Book Description
Author: Lesotho
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 18
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Book Description
Author: Lesotho
Publisher:
ISBN:
Category : Lesotho
Languages : en
Pages : 590
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Book Description
Author: Basutoland
Publisher:
ISBN:
Category : Budget
Languages : en
Pages :
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Book Description
Author: Lesotho. Government
Publisher:
ISBN:
Category :
Languages : en
Pages : 571
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Book Description
Author:
Publisher:
ISBN:
Category : Lesotho
Languages : en
Pages : 869
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Book Description
Author: Lesotho
Publisher:
ISBN:
Category : Lesotho
Languages : en
Pages : 956
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Book Description
Author: Mr.Jiro Honda
Publisher: International Monetary Fund
ISBN: 148430957X
Category : Business & Economics
Languages : en
Pages : 53
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Book Description
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 target could smooth the growth impact from revenue shocks while helping preserve sufficient international reserves during bad times. From a long-term perspective, it suggests possible welfare gains from introducing fiscal rules. Last, it concludes that, based on experiences in other countries, developing strong institutions and improving public financial management are necessary steps to ease the transitions to a rules-based fiscal policy framework.
