{"id":{"repo_id":"cape-town","oai_identifier":"oai:open.uct.ac.za:11427/10114"},"canonical_url":"https://search.dev.ndltd.org/etd/cape-town/oai:open.uct.ac.za:11427/10114","repository":{"repo_id":"cape-town","name":"University of Cape Town","base_url":"https://open.uct.ac.za/oai/request"},"display":{"title":"Does South Africa's government debt threaten the sustainability of fiscal policy?","abstract":"The South African government debt has risen alarmingly over the last decade, with the debt-to-GDP ratio increasing from 33% in 1985 to 57% in 1995. These debt movements, combined with historically high conventional deficits equal to 9.0% and 9.8% of GDP in 1993 and 1994 respectively, have cast doubt on the solvency of government. This paper considers the issue of government solvency by focusing on two questions. Firstly, \"Are present fiscal policies sustainable?\", and secondly, \"What are the limits to future fiscal policy if government solvency is to be maintained?\"","abstract_html":"The South African government debt has risen alarmingly over the last decade, with the debt-to-GDP ratio increasing from 33% in 1985 to 57% in 1995. These debt movements, combined with historically high conventional deficits equal to 9.0% and 9.8% of GDP in 1993 and 1994 respectively, have cast doubt on the solvency of government. This paper considers the issue of government solvency by focusing on two questions. Firstly, "Are present fiscal policies sustainable?", and secondly, "What are the limits to future fiscal policy if government solvency is to be maintained?"","abstract_has_math":false,"creators":["Biggs, Michael Llewellyn"],"institution":"School of Economics","degree_name":null,"degree_level":null,"degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":["Abedian, Iraj"],"committee_chairs":[],"committee_members":[],"year":1996,"date_issued":"1996","date_published":"1996","updated_at":"2026-07-22T22:23:18Z","subjects":[],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/11427/10114","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.advisor","label":"Advisor","values":["Abedian, Iraj"]},{"key":"dc:creator","label":"Author","values":["Biggs, Michael Llewellyn"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2014-12-26T14:14:06Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2014-12-26T14:14:06Z"]},{"key":"dc:date.issued","label":"Date","values":["1996"]},{"key":"dc:publisher.department","label":"Dc Publisher Department","values":["School of Economics"]},{"key":"dc:publisher.institution","label":"Dc Publisher Institution","values":["University of Cape Town"]},{"key":"dc:type","label":"Dc Type","values":["Master Thesis"]},{"key":"dc:type.qualificationlevel","label":"Dc Type Qualificationlevel","values":["Masters"]},{"key":"dc:type.qualificationname","label":"Dc Type Qualificationname","values":["MCom"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["eng"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["http://hdl.handle.net/11427/10114"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Bibliography: leaves 77-80."]},{"key":"dc:description.abstract","label":"Abstract","values":["The South African government debt has risen alarmingly over the last decade, with the debt-to-GDP ratio increasing from 33% in 1985 to 57% in 1995. These debt movements, combined with historically high conventional deficits equal to 9.0% and 9.8% of GDP in 1993 and 1994 respectively, have cast doubt on the solvency of government. This paper considers the issue of government solvency by focusing on two questions. Firstly, \"Are present fiscal policies sustainable?\", and secondly, \"What are the limits to future fiscal policy if government solvency is to be maintained?\""]},{"key":"dc:title","label":"Title","values":["Does South Africa's government debt threaten the sustainability of fiscal policy?"]}]}],"canonical_facts":{"dc:contributor.advisor":["Abedian, Iraj"],"dc:creator":["Biggs, Michael Llewellyn"],"dc:date.accessioned":["2014-12-26T14:14:06Z"],"dc:date.available":["2014-12-26T14:14:06Z"],"dc:date.issued":["1996"],"dc:description":["Bibliography: leaves 77-80."],"dc:description.abstract":["The South African government debt has risen alarmingly over the last decade, with the debt-to-GDP ratio increasing from 33% in 1985 to 57% in 1995. These debt movements, combined with historically high conventional deficits equal to 9.0% and 9.8% of GDP in 1993 and 1994 respectively, have cast doubt on the solvency of government. This paper considers the issue of government solvency by focusing on two questions. Firstly, \"Are present fiscal policies sustainable?\", and secondly, \"What are the limits to future fiscal policy if government solvency is to be maintained?\""],"dc:identifier.uri":["http://hdl.handle.net/11427/10114"],"dc:language.iso":["eng"],"dc:publisher.department":["School of Economics"],"dc:publisher.institution":["University of Cape Town"],"dc:title":["Does South Africa's government debt threaten the sustainability of fiscal policy?"],"dc:type":["Master Thesis"],"dc:type.qualificationlevel":["Masters"],"dc:type.qualificationname":["MCom"]},"updated_at":"2026-07-22T22:23:18Z"}