Namibia: Selected Issues

December 8, 2016

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Format: Chicago

Namibia: Selected Issues, (USA: International Monetary Fund, 2016) accessed November 21, 2024

Summary

This Selected Issues paper assesses the impact of alternative fiscal consolidation strategies on Namibia’s growth. It uses a model developed at the IMF to gain insights on what would be a growth-friendly composition of the fiscal adjustment. The analysis suggests that a combined strategy of revenue and expenditure measures has lower negative effects on growth than a pure expenditure-based adjustment. Structural reforms improving the efficiency of public investment can further reduce the negative effect of consolidation on growth, and potentially strengthen growth. Overall, minimizing the negative impact of fiscal consolidation on growth requires combining revenue and expenditure measures, together with fiscal structural reforms.

Subject: Banking, Employment, Financial institutions, Fiscal consolidation, Fiscal policy, Labor, Labor force, Mutual funds, Public debt, Unemployment rate

Keywords: Africa, Consolidation strategy, Copy, CR, D.C., D.C., Employment, EMPLOYMENT growth, Equity portfolio, Fiscal consolidation, GDP, GDP growth, Global, Growth impact, IMF staff estimate, International Monetary Fund Washington, International Monetary Fund Washington, Investment, ISCR, Labor force, Mutual funds, Publication service, Staff team of the International Monetary Fund, Unemployment rate

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/374
Stock No:

1NAMEA2016002
ISBN:

9781475559088
ISSN:

1934-7685

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