The accuracy of the National Treasury's projections of GDP and key fiscal aggregates is comparable to that of the projections of private sector economists, other reputable organisations and the fiscal authorities of other ...

South Africa’s unusually large social assistance system annually transfers some 3% of the country’s gross domestic product (GDP) to the poor as cash grants.1 The child support grant (CSG) programme is one of the ...

Background: The aim of many public policies is to change behaviour. Governments tend to rely on regulations, taxes and subsidies to effect such change. These measures, which affect agents’ economic incentives, have a mixed ...