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Provide a review of government finances in South Africa- Compare South Africa with other emerging economies?

Government debt

Government spending

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Government finances in South Africa have undergone significant changes over the years. Studies have highlighted key drivers of government debt in South Africa, including government expenditure, real GDP, inflation, and real interest rates . The country has implemented strategies such as broadening government debt securities, managing contingent liabilities, and accessing foreign sources of finance to reduce reliance on domestic borrowing . Additionally, South Africa has faced challenges in reducing income inequality and promoting growth, leading to increased government spending . Recommendations include improving productive capacity, controlling interest rates, and eliminating non-productive expenditure to reduce government debt . Comparatively, South Africa's experience reflects broader trends in emerging economies where sluggish economic growth and weak revenue collections contribute to high government debts .

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Open access•Journal Article Comparing the trend between south african government spending and the increase in tax revenue for the country’s taxpayers Lerike Jacobs, Anneke Maré Moolman - Show less +1 more 01 Feb 2017-International journal of economics and finance	Not addressed in the paper.
Open access•Journal Article•DOI Investigating the key drivers of government debt in south africa: a post-apartheid analysis Lerato Mothibi, Precious Mncayi - Show less +1 more 17 Jun 2019 9 Citations	Government debt in South Africa is driven by expenditure, GDP, and interest rates. To improve finances, focus on productivity, interest rate control, and reducing non-productive spending. Other emerging economies may face similar challenges.
Journal Article•DOI South Africa 01 Sep 2022	Not addressed in the paper.
Open access•Journal Article An Exploratory Review of Government Debt Service Management in South Africa Talknice Saungweme, Nicholas M. Odhiambo - Show less +1 more 31 Dec 2018-The Journal of Accounting and Management 1 Citations	South Africa's public debt service management improved post-1994, with strategies like broadening debt securities and foreign financing. It contrasts with other emerging economies by maintaining lower debt service ratios.
Journal Article•DOI South africa 01 Feb 2023-Africa Research Bulletin	Not addressed in the paper.

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