The National Treasury of South Africa / World Bank Workshop: “Fiscal Policy and Redistribution in an Unequal Society”

All presentations from the workshop on the relationship between fiscal sustainability, redistribution, and social spending are now available online at the National Treasury’s website. The workshop opened by the Minister of Finance and held in Pretoria, South Africa on November 5th, sought to inform discussion about South Africa‚Äôs fiscal choices as it implements the National Development Plan (NDP). The five presentations, including the one given by Professor Lustig, can be viewed and downloaded here.

In Focus: World Economic Forum

The World Economic Forum is an institution that provides a unique environment for politicians, business leaders, academics and others to exchange ideas to improve the state of the world. This week, Olli Rehn, VP of the European Parliament, posted an article addressing three key questions for public finance:

– What kind of policy mix of monetary policy, fiscal policy and structural reforms can support stronger and more sustainable growth?

– How do we protect budget lines that support growth in the medium-to-long-term, such as public investment to modern infrastructure and competitive innovation, while maintaining a decent level of social protection?

– How to ensure the adequacy and sustainability of social protection systems while making them more supportive to growth?

Read the article here