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Fiscal Rules : Coping with Revenue Volatility in Lesotho and Swaziland

Author/Editor: Jiro Honda, Manabu Nose, Cesar Sosa Padilla, Jose L Torres, Murna Morgan, Fernando G Im, Natalia A Koliadina.

Release Date:September, 2017

Over the past decade, Lesotho and Swaziland have faced significant volatility in their fiscal revenues, owing to highly unstable Southern African Customs Union (SACU) receipts. Based on model more...



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