The Relationship Between Fiscal Policy and Employment in Namibia PDF Download
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Author:
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Category :
Languages : en
Pages :
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Author:
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Category :
Languages : en
Pages :
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Author: Mihe Gaomab
Publisher:
ISBN:
Category : Employment stabilization
Languages : en
Pages : 42
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Book Description
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475559089
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
This Selected Issues paper assesses the impact of alternative fiscal consolidation strategies on Namibia’s growth. It uses a model developed at the IMF to gain insights on what would be a growth-friendly composition of the fiscal adjustment. The analysis suggests that a combined strategy of revenue and expenditure measures has lower negative effects on growth than a pure expenditure-based adjustment. Structural reforms improving the efficiency of public investment can further reduce the negative effect of consolidation on growth, and potentially strengthen growth. Overall, minimizing the negative impact of fiscal consolidation on growth requires combining revenue and expenditure measures, together with fiscal structural reforms.
Author: Hoster Bebi
Publisher:
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Category : Budget deficits
Languages : en
Pages : 32
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Author: Namibia. Directorate of Employment Planning
Publisher:
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Category : Labor policy
Languages : en
Pages : 134
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Book Description
Author: Christopher Pomwene Pawa Shafuda
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 168
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Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451828467
Category :
Languages : en
Pages : 51
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Namibia's economic position has been reinforced since the last consultation. The government strategy of broadening the economic base and reducing unemployment while preserving a solid fiscal position is commended. Namibia has ensured that interest rate differentials with South Africa do not destabilize official reserves or capital flows within the common monetary area. The banking system is profitable and well capitalized. Efforts are being made to increase employment opportunities in the non-mining economy by making the labor market more flexible and continuing liberalization of the trade regime.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1513513907
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
This 2019 Article IV Consultation with Namibia discusses that with the temporary stimuli now ended, the economy is rebalancing while the government is implementing a significant fiscal consolidation. A likely slow recovery, the need for further fiscal adjustment to bring public debt to a sustainable path, persistent inequalities and structural impediments to growth, point to a challenging outlook. Immediate measures are needed to deliver the authorities’ fiscal adjustment plans and bring public debt to a sustainable path. Policies should combine spending reductions and revenue increases that support long-term growth. Better targeting of cash transfers would protect the poor. Structural reforms are urgently needed to strengthen productivity and external competitiveness and boost long-term growth. Reforms should streamline business regulations, contain public sector wage dynamics, and reduce costs of key production inputs. Over time, it is important to remove non-tariff barriers to exports, foster the adoption of new technologies, and address shortages of skilled workers.
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Languages : en
Pages :
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Author: Richard Hemming
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 62
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This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
