Answer to Question #319288 in Macroeconomics for Blessing

Question

Compare and contrast South African government expenditure trends with other global economies

over the past 10 – 15 years

Answer 1

The South African government expenditure is moderately high as compared to other countries. This because South hosted the world cup in 2010, this led to the country spending a lot capital in undertaking the developmental projects such as building of stadia, roads, housing, medical facilities among many more. Therefore, the country spend a lot on these projects.