商品詳細

The text highlights a crucial area in macroeconomics and economic growth, globalization, a field of study that is relatively new in South African economic research. Fiscal policy management is a crucial area of study and debate since South Africa's transformation and the efforts to improve its economy. The book analyzes the efforts underway, making suggestions for both students and policy-makers to consider, in either analyzing fiscal reforms or making them, and provides a comprehensive discussion on theoretical and empirical research. The text is directly policy related and stems from the Budget Project (UCT) which was formed to have direct and practical impact on South African economic policy. It studies the impact of economic globalization in the context of both developed and developing economies. The increasing loss of national sovereignty world-wide and fiscal implications for governments are specifically discussed with South Africa as the empirical focus.