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A stochastic debt forecasting framework is presented where projected debt distributions reflect...

Major mining commodity prices are inherently volatile and cyclical. High levels of investment in...

The effectiveness of fiscal policy in smoothing the impact of shocks depends critically on the...

The question of what makes fiscal decentralization work is faced by many policymakers around the...

This paper analyzes the cyclical fluctuations in South Africa in a cross-country context, and...