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The impact of fiscal policy on society's well being : a social accounting matrix approach

M.Comm. / The central question addressed by this study is how a Social Accounting Matrix (SAM) for South Africa can be use to measure the impact of fiscal policy on the well being of South Africa's society and therefore assist fiscal policy makers in the making of Fiscal Policy in South Africa. As a starting point, this study will define the concept of poverty and look at income distribution as a measure of welfare. The questions to be raised in this section are: What is the importance of income distribution? How does South Africa compare in an international perspective and how does the different sources of data in South Africa compare with one another? How can inequality be measured? What does a profile of South Africa's poor looks like and what is the burden of poverty that they have to deal with? The second section of this study describes South Africa's Fiscal Policy in order to understand its impact on societies well being. More specifically, it examines: The failures of recent fiscal policy and its lessons for the future; and The government's GEAR (Growth, Employment and Redistribution) policy. Section three investigates possible fiscal policy interventions for attacking poverty. The following questions are addressed: Which programmes can the government implement in order to address poverty? What is the priorities for action? The fourth and final section of the study looks at the Social Accounting Matrix (SAM) as a method for measuring the impact of fiscal policy on the well being of a society. It is discussed from various perspectives in order to arrive at a thorough understanding of its scope and nature, including: o What is a Social Accounting Matrix and does it exists in South Africa? o How can a Social Accounting Matrix assist fiscal policy makers?

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:10018
Date11 September 2012
CreatorsMalan, Anemé W.
Source SetsSouth African National ETD Portal
Detected LanguageEnglish
TypeThesis

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