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In the Wake of the Global Economic Crisis [electronic resource] : Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland, Fontaine, Thomson.

Author/Creator:
Fontaine, Thomson.
Publication:
Washington, D.C. : International Monetary Fund, 2011.
Series:
IMF eLibrary
Format/Description:
Government document
Book
1 online resource (57 p.)
Local subjects:
Aggregate demand.
Budget constraint.
Budget deficit.
Budget process.
Budgetary allocations.
Capital expenditure.
Capital expenditures.
Common external tariff.
Customs.
Customs duty.
Customs union.
Debt dynamics.
Debt ratios.
Debt service.
Debt sustainability.
Debt sustainability analyses.
Debt-service.
Debt-service burden.
Defense spending.
Expenditure.
Expenditure control.
Expenditure cuts.
Expenditure framework.
Expenditure increases.
Expenditure levels.
Expenditure management.
Expenditure management systems.
Expenditure restraint.
Expenditures.
Fiscal adjustment.
Fiscal adjustments.
Fiscal affairs.
Fiscal affairs department.
Fiscal balance.
Fiscal budget.
Fiscal consolidation.
Fiscal deficits.
Fiscal implications.
Fiscal indicators.
Fiscal measures.
Fiscal performance.
Fiscal policies.
Fiscal policy.
Fiscal policy responses.
Fiscal response.
Fiscal rules.
Fiscal stance.
Fiscal stimulus.
Fiscal surpluses.
Fiscal years.
Government budget.
Government budget constraint.
Government expenditure.
Government revenue.
Government spending.
High spending.
Medium-term budgetary frameworks.
Medium-term expenditure.
Medium-term expenditure framework.
Mtef.
Primary fiscal balance.
Public debt.
Public expenditure.
Public expenditures.
Public financial management.
Public investment spending.
Public spending.
Recurrent expenditure.
Recurrent expenditures.
Reduction in government spending.
Reduction in transfers.
Revenue adjustment.
Spending cuts.
Tax administration.
Tax base.
Tax burden.
Tax collections.
Tax increase.
Tax increases.
Tax policy.
Tax rates.
Tax reforms.
Tax revenue.
Tax revenues.
Taxation.
Taxes on labor.
Total expenditure.
Botswana.
Lesotho.
Namibia.
Swaziland.
Summary:
The Southern African Customs Union (SACU) is facing its biggest challenge in its 100 years of existence. The global economic crisis has significantly reduced its revenue outlook, which is having a disproportionate impact on its smaller member countries, and which calls for an appropriate policy response. This paper discusses specifically the implications for Botswana, Lesotho, Namibia, and Swaziland, and provides recommendations regarding the proper fiscal response by these countries to the decline in SACU revenue.
Notes:
Description based on print version record.
Contributor:
Benicio, Dalmacio.
Fontaine, Thomson.
Mongardini, Joannes.
Pastor, Gonzalo C.
Verdier, Geneviève.
Other format:
Print Version:
ISBN:
146234349X:
9781462343492
Publisher Number:
10.5089/9781462343492.087
Access Restriction:
Restricted for use by site license.
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