Fiscal Rules : Coping with Revenue Volatility in Lesotho and Swaziland /

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 f...

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Autor principal: Honda, Jiro
Altres autors: Nose, Manabu, Sosa Padilla, Cesar, Torres, Jose L.
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2017.
Col·lecció:Departmental Papers; Departmental Paper ; No. 2017/005
Accés en línia:Full text available on IMF