Ajam, Tania; Aron, Janine - Centre for the Study of African Economies (CSAE), … - 2007
South Africa has overcome adverse initial conditions to achieve a remarkable fiscal transformation since the 1994 … democratic elections, held amid uncertainty about its ability to maintain the rule of law and resist the populist spending … and more efficient tax collection has expanded revenue, permitting lower tax rates for both individuals and companies, and …