01657cas a2200241 a 4500 AALejournalIMF006742 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455208821 1018-5941 BD-DhAAL BD-DhAAL Aydin, Burcu. Performance of Fiscal Accounts in South Africa in a Cross-Country Setting / Burcu Aydin. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (19 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the cyclical fluctuations in South Africa in a cross-country context, and studies the impact of the output gap by controlling for export intensity, the debt burden, asset prices, and banking crises. Results show that South Africa's revenue performance was outstanding during the mid-2000s, and the recent decline in revenue was one of the least among the emerging and advanced markets. Results on the elasticity of tax revenue show that South Africa's elasticity is higher during business upturns, indicating good prospects for recovering the revenue lost during the global financial crisis. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2010/217 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/217/001.2010.issue-217-en.xml IMF e-Library