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Publications (2)
Working Paper
pdf
The ‘affordability’ of new or expanded social protection programmes depends on more than an assessment of the fiscal costs or the poverty-reducing or developmental benefits. Diverse international organizations have shown that programmes costing less than or about 1 per cent of GDP have substantial...
Working Paper
pdf
– South Africa 1975-2003
Official balance sheet estimates for the household sector are not currently available in South Africa, yet, with the country’s well developed financial sector and deep capital markets, asset market channels are likely to be important determinants of aggregate consumer spending and saving, consumer...
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