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Fiscal Balances and Growth
A prudent, sustainable fiscal position promotes economic growth.
Solid Growth in Sight, but There Are Risks
Solid growth is expected to continue in 2005 and 2006 – although at a slightly lower rate of 4.7 per cent in 2005 as the effect of new Central African oil fields ends. West Africa is expected to recover in 2005 and 2006, while the trend of positive growth in Eastern Africa and Southern Africa will continue over the next two years, reflecting rising oil production in Angola and improved performance in South Africa. This positive outlook is however highly dependent on the continuous expansion of the global economy, an overall easing of regional conflicts, and favourable weather conditions.
5.1 Fiscal space is critical for diversification: Economic Report on Africa 2007
The positive but insignificant result for the impact of fiscal balance on diversification shows that macro stability plays a role for the success of diversification efforts. At the same time, a proactive fiscal policy, especially in terms of promoting public investment, can support efforts towards diversification.

Other fiscal deficits Related Articles

“A Strategic Approach To Setting & Achieving Your Goals For The New Year, According To Your Strategic Thinking Business Coach”
The end of the calendar year or the end of the company’s fiscal year presents an opportune time to review the performance of the past year and to develop some solid business goals for the new calendar or fiscal year. Using some strategic thinking, here are a few tips for setting and achieving your goals for the new year.

5.1 Fiscal space is critical for diversification: Economic Report on Africa 2007
The positive but insignificant result for the impact of fiscal balance on diversification shows that macro stability plays a role for the success of diversification efforts. At the same time, a proactive fiscal policy, especially in terms of promoting public investment, can support efforts towards diversification.
Macroeconomic “Shock-absorbers” for Africa
The need for further fiscal consolidation
Fiscal Balances and Growth
A prudent, sustainable fiscal position promotes economic growth.
The Curly Haired Copy Entrepreneur: The Rise of Paul Orfalea
“If you’re going to enjoy the picnic that life really is, you’d better learn to like yourself,” says Kinko’s founder Paul Orfalea, “not despite your flaws and so-called deficits, but because of them.”
Obama Health Care and Your Money!
The US dollar has been in a down trend for years because of our massive deficits and we are already spending money like a 20 year old with their first credit card. There really is no philosophical or ethical debate here. Socialized Health Care will lead to a national bankruptcy.
Leadership Coaching to Discover Your Talents and Strengths: Strategies for Leadership Development
Most of us have a poor sense of our talents and strengths. Throughout our education and careers, there is a lot of attention paid to our weaknesses. We are acutely aware of our faults and deficits, our "opportunities for development," or whatever euphemism is popular for naming them.
Monetary Police is Science, Everything Else is Stamp-Collecting
This new Eric Leeper paper seems delusional in arguing that monetary policy is science, while fiscal policy is stamp-collecting, but I maybe I'm just being crotchety. The piece also comes up with the new-to-me argument that monetary policy would be even better science if it weren't for fiscal policy mucking things up.
It's Time for a Balanced Budget Amendment
Much like consumers over using credit cards, the federal government spends more than it takes in, creating yearly budget deficits. It's time for a balanced budget amendment.
Who knows what year it is anyway?
The last day of the liturgical year is the Saturday before the First Sunday of Advent. In 2009 this was Saturday, November 28. Do you know when it is in 2010? What does Fiscal Year-End Mean? The completion of a one-year, or 12-month, accounting period. A firm's fiscal year-end does not necessarily need to fall on December 31, and can actually fall on any day throughout the year.
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