After a decade of narrowing fiscal deficits, South Africa has borrowed heavily since 2009 to support the economy. The debt pile exposes the country to the risk of a sell-off by foreign bond holders
Articles on Budget deficit
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Your simple guide to the budget deficit, how the money will be spent and the savings measures we can expect in the years ahead.
In the latest in our Budget Explainer series, Mark Crosby explains debt and deficit and where Australia stands.
In just a year, the Abbott government has gone from a radical nation-changing budget to promising a ‘dull’ one. Are we to believe the ideological zeal is gone, or has the survival instinct kicked in?
The prospect of a “debt” tax or some sort of “deficit levy” to assist with the budget bottom line should prompt a clearer debate about the virtues of raising taxes versus cutting expenditure as a means…
The Australian Government should tighten the welfare system for older Australians, adding the family home to the assets test for the age pension and limiting tax concessions on superannuation contributions…
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Professorial Fellow, University of Canberra
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Professor of Economics & Business, Allegheny College
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Professor of Economics, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Daniel Patrick Moynihan Senior Lecturer in Public Policy and Public Finance, Harvard Kennedy School
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Professor of Public Policy (retired), University of Virginia
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Associate Professor, Torrens University Australia
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Director, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Senior Lecturer, MIT Sloan School of Management