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Policy Bulletins

The ERSA policy bulletin is a vehicle for preliminary research, lightly reviewed, on current policy issues and debates. The series emphasizes brief, focused, and timely interventions. The desk review will evaluate ethical and professional standards, basic research design, and the interest of the topic. The manuscript should not be longer than seven printed pages or less, excluding tables, figures, and references. Authors willing to present their research in this series should send the manuscript in PDF format to nicola.viegi [at] (nicola.viegi [at]

Policy Bulletin 02: Reflections on Aspects of Public Finance and Fiscal Policy in South Africa

Estian Calitz

After the COVID-19 crisis is over, South Africa will face a fiscal mountain that looks insurmountable. Many of the problems experienced in the public finances originated outside of the fiscus and have to be addressed at source, neither fiscal discretion, nor fiscal rules or any fiscal framework...

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Policy Bulletin 01: A fair price for economic modelling? Transparency Required

Chris Loewald, Pamela Mjandana, Konstantin Makrelov

The principle of transparency is the only way that policy makers can understand the limitations of a model and use its outputs effectively to inform policy. In absence of this transparency, there is no accountability and claims cannot be tested. The first ERSA policy bulletin discusses how to...

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