Why government budgets are exercises in distributing life and death as much as fiscal calculations: Sacrificial dilemmas are popular among philosophers. Should you divert a train from five people strapped to the tracks to a side-track with only one person strapped to it? What if that one person were a renowned cancer researcher? What if …
How news coverage influences countries’ emergency aid budgets – new research: The news media cover humanitarian crises selectively. Events associated with clear, dramatic imagery, such as the 2020 Beirut port explosion, often receive intense global news coverage. By contrast, protracted humanitarian crises that are more difficult to access and explain to audiences, such as the …
The basis of South Africa’s annual budgets needs an overhaul. Here’s why, and how: This week South Africa's finance minister Tito Mboweni will deliver the country's medium term budget review. Photo by Jeffrey Abrahams/Gallo Images via Getty Images Governments in most developing countries use medium-term expenditure frameworks as fiscal policy instruments to match the imperatives …
South Africa in the news: South African budget’s impact on Namibia: This means that South Africa’s foreign currency sovereign rating is safe for now. Political risk events such as a cabinet reshuffle that results in Gordhan losing his job may still derail the rating, because it will create the perception that the SA …: “South …