13 March 2022

The Constitutional Court rules on the public sector wage bill during the Covid-19 pandemic

The Constitutional Court judgement handed down in February 2022 is fascinating because it gives those outside government insight into the complexes process of central wage bargaining, which are largely opaque to academia and broader civil society. Given concerns about the rapidly escalating public service wage bill, these collective bargaining dynamics are particularly pertinent from a public policy and fiscal policy […]

Fiscal policy
13 March 2022

UNU-WIDER paper on macroeconomic risks in South Africa 2007-2020

The paper entitled Macroeconomic Risks after a Decade of Microeconomic Turbulence by Ricardo Hausmann, Federico Sturzenegger, Patricio Goldstein, Frank Muci, and Douglas Barrios was published in January 2022. To access the paper, please click here. Hausman et al (2022) point out that empirical estimates of fiscal multipliers in South Africa have varied markedly, Fiscal multipliers measure the impact of increased […]

Fiscal policy

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