The paper investigates the feasibility of creating a common-currence union consisting of 16 countries in Southern Africa. It estimates an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation and the foreign reserves position. The paper shows that the prospect for further integration in Southern Africa is promising, but challenges persist. Existing economic blocs can provide a stepping stone to a larger single currency union but countries have to continuously exercise good governance and fiscal displine. Click here for the full paper.
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BIDPA Ranked Top Think Tank in Sub-Saharan Africa
The Botswana Institute for Development Policy Analysis has attained a special milestone as a research Institute, having been ranked the top...
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The Botswana Institute for Development Policy Analysis has attained a special milestone as a research Institute, having been ranked the top...
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The Research Bulletin is the forum through which the Bank of Botswana publishes a selection of economic research which is judged suitable fo...
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This journal article examines the contribution of tourism in African Development with an emphasis on poverty reduction. The analysis focuses...
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