TAILIEUCHUNG - Lecture Public economics (5th edition) - Chapter 8: Poverty and inequality in South Africa: fiscal and social policy issues

In this chapter: Distinguish primary from secondary income distribution, understand the redistributive impact of the budget on secondary income distribution, explain the calculation of a Gini coefficient, identify the excess burden of a subsidy, show how a subsidy could be welfare-enhancing if there are positive externalities associated with consumption of certain goods (. Food for the poor),. | OXFORD UNIVERSITY PRESS SOUTHERN AFRICA Public Economics Chapter 8 1 Poverty and inequality in South Africa Fiscal and social policy issues I Oxford University Press Southern Africa Pty Ltd 2011 OXFORD UNIVERSITY PRESS Learning outcomes Distinguish primary from secondary income distribution Understand the redistributive impact of the budget on secondary income distribution Explain the calculation of a Gini coefficient Identify the excess burden of a subsidy Show how a subsidy could be welfare-enhancing if there are positive externalities associated with consumption of certain goods . Food for the poor Distinguish between the impact of a cash transfer and a subsidy in kind Show how social transfers may create a disincentive to work Identify major trends in fiscal incidence in South Africa particularly with regard to social spending Understand the redistributive impact of some major social policy interventions in South Africa. SOUTHERN AFRICA Oxford University Press Southern Africa Pty Ltd 2011 OXFORD UNIVERSITY PRESS Poverty and inequality in South Africa . Southern Africa Country Population Living Below International Poverty Line 1 per day South Africa 25 Botswana 23 Namibia 35 Malawi 42 The Gini coefficient Measure of inequality High coefficient indicates high inequality SOUTHERN AFRICA Oxford University Press Southern Africa Pty Ltd .

• Kinh tế học
• Public economics
• Lecture Public economics
• Fisnical policy
• Social policy
• Poverty and inequality
• South Africa
• Public expenditure
• Public growth
• Public goods
• Government expenditure patterns
• Public sector in the economy
• The goverment in the market
• Public sector resource
• General government consumption
• Negative externalities
• Transaction costs
• Cap and trade programmes
• Public choice theory
• Unanimity voting rule
• Rawlsian experiment
• Majority voting
• Tax equity
• Public services
• Inflation taxation
• Public debt
• Debt management
• Debt servicing
• Financial credibility
• Public finance
• Lecture Public finance
• Public sector economics
• Federal government
• Legal framework
• Local governments
• The corporation tax
• Federal system
• Fiscal federalism
• Education Increase Earnings
• Public education
• Public education improves quality
• Benchmark model of the economy
• Benchmark model assumptions
• Allocative efficiency
• Economic growth
• Imperfect competition
• Monopoly competition
• Natural monopoly
• Competition policy
• Social welfare
• Social equity
• Welfare improvement
• Nozick’s entitlement theory
• Cost benefit analysis
• Private benefits
• Private costs
• Monetary profits
• Tax efficiency
• Administrative efficiency
• Tax flexibility
• Excess burden
• Income taxation
• Comprehensive income tax
• Personal income tax
• Company tax
• Taxation of wealth
• Personal wealth
• Wealth tax base
• Taxing personal net wealth
• Taxes on goods
• Taxes on services
• Tax reform
• Indirect taxes
• Fiscal policy
• Passive fiscal policy
• Fiscal activism
• Tiebout model
• Fiscal decentralisation
• Fiscal centralisation
• Economics today
• The nature of economics
• Public spending
• Public choice
• Funding the public sector
• Consumer choice
• Principles of economics
• Lecture Principles of economics
• Tax policy
• Government decisions
• Housing economics and public policy
• Housing economics
• Public policy
• Macro economy
• Housing markets