The Distributional Impact of Fiscal Policy in South Africa (Record no. 27568)
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| 000 -LEADER | |
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| fixed length control field | 02812cam a22003254a 4500 |
| 001 - CONTROL NUMBER | |
| control field | 7194 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | The World Bank |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
| fixed length control field | m d |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr cn||||||||| |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 020129s2015 dcu i001 0 eng |
| 024 8# - OTHER STANDARD IDENTIFIER | |
| Standard number or code | 10.1596/1813-9450-7194 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (The World Bank)7194 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Inchauste, Gabriela |
| 245 14 - TITLE STATEMENT | |
| Title | The Distributional Impact of Fiscal Policy in South Africa |
| Medium | [electronic resource] / |
| Statement of responsibility, etc | Inchauste, Gabriela |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Washington, D.C., |
| Name of publisher, distributor, etc | The World Bank, |
| Date of publication, distribution, etc | 2015 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource (52 p.) |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc | This paper uses the 2010/11 Income and Expenditure Survey for South Africa to analyze the progressivity of the main tax and social spending programs and quantify their impact on poverty and inequality. The paper also assesses the redistributive effectiveness of fiscal interventions given the resources used. Because it applies the Commitment to Equity methodology, the results for South Africa can be compared with other middle-income countries for which the framework has also been applied. The main results are twofold. First, the burden of taxes-namely the personal income tax, the value added tax, excises on alcohol and tobacco, and the fuel levy-falls on the richest in South Africa and social spending results in sizable increases in the incomes of the poor. In other words, for the components examined, the tax and social spending system is overall progressive. Second, for these elements, fiscal policy in South Africa achieves appreciable reductions in income inequality and poverty. Moreover, these reductions are the largest achieved in the emerging market countries that have so far been included in the Commitment to Equity project. Although fiscal policy is equalizing and poverty-reducing, the levels of inequality and poverty that remain still rank among the highest in middle-income countries. Looking ahead, as South Africa grapples with slow economic growth, a high fiscal deficit, and a rising debt burden, addressing the twin challenges of high inequality and poverty will require not only much improved quality of public services, but also higher and more inclusive economic growth. |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Finance and Financial Sector Development |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Macroeconomics and Economic Growth |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Private Sector Development |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Public Sector Development |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Inchauste, Gabriela |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Lustig, Nora |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Maboshe, Mashekwa |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Purfield, Catriona |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Woolard, Ingrid |
| 776 18 - ADDITIONAL PHYSICAL FORM ENTRY | |
| Main entry heading | Print version: |
| Display text | Inchauste, Gabriela |
| Title | The Distributional Impact of Fiscal Policy in South Africa |
| Place, publisher, and date of publication | Washington, D.C. : The World Bank, 2015 |
| 830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
| Uniform title | Policy research working papers. |
| 830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
| Uniform title | World Bank e-Library. |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7194">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7194</a> |
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