Can South Africa afford to become Africa's first welfare state?
This brief examines the economy-wide impact of implementing and financing a universal or basic income grant (BIG) in South Africa. The various financing scenarios suggested by the proponents of the grant are presented, and these are compared using an applied general equilibrium model for the South A...
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| Formato: | Brief |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2002
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| Acceso en línea: | https://hdl.handle.net/10568/155621 |
| _version_ | 1855522912723795968 |
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| author | Thurlow, James |
| author_browse | Thurlow, James |
| author_facet | Thurlow, James |
| author_sort | Thurlow, James |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This brief examines the economy-wide impact of implementing and financing a universal or basic income grant (BIG) in South Africa. The various financing scenarios suggested by the proponents of the grant are presented, and these are compared using an applied general equilibrium model for the South African economy. The results indicate that the required changes in direct and indirect tax rates needed to finance the grant without increasing the government deficit are substantially higher than currently predicted.... . These results suggest that the possibility of South Africa becoming the continent's first welfare state is as likely to rest with the macroeconomic impacts of financing the grant, as with the ability of the grant to address the country's prevailing poverty." -- From Text. |
| format | Brief |
| id | CGSpace155621 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2002 |
| publishDateRange | 2002 |
| publishDateSort | 2002 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1556212025-01-10T06:42:56Z Can South Africa afford to become Africa's first welfare state? Thurlow, James poverty finance government purchases economic development subsidies public finance macroeconomics living standards This brief examines the economy-wide impact of implementing and financing a universal or basic income grant (BIG) in South Africa. The various financing scenarios suggested by the proponents of the grant are presented, and these are compared using an applied general equilibrium model for the South African economy. The results indicate that the required changes in direct and indirect tax rates needed to finance the grant without increasing the government deficit are substantially higher than currently predicted.... . These results suggest that the possibility of South Africa becoming the continent's first welfare state is as likely to rest with the macroeconomic impacts of financing the grant, as with the ability of the grant to address the country's prevailing poverty." -- From Text. 2002 2024-10-24T12:42:21Z 2024-10-24T12:42:21Z Brief https://hdl.handle.net/10568/155621 en Open Access application/pdf International Food Policy Research Institute Thurlow, James. 2002. Can South Africa afford to become Africa's first welfare state? FCND Discussion Paper brief 139. https://hdl.handle.net/10568/155621 |
| spellingShingle | poverty finance government purchases economic development subsidies public finance macroeconomics living standards Thurlow, James Can South Africa afford to become Africa's first welfare state? |
| title | Can South Africa afford to become Africa's first welfare state? |
| title_full | Can South Africa afford to become Africa's first welfare state? |
| title_fullStr | Can South Africa afford to become Africa's first welfare state? |
| title_full_unstemmed | Can South Africa afford to become Africa's first welfare state? |
| title_short | Can South Africa afford to become Africa's first welfare state? |
| title_sort | can south africa afford to become africa s first welfare state |
| topic | poverty finance government purchases economic development subsidies public finance macroeconomics living standards |
| url | https://hdl.handle.net/10568/155621 |
| work_keys_str_mv | AT thurlowjames cansouthafricaaffordtobecomeafricasfirstwelfarestate |