Botswana : Selected Issues

1BWAEA2008001 Image
Price:  $18.00

Release Date: © February, 2008
ISBN : 978-1-45180-647-2
Stock #: 1BWAEA2008001
English
Stock Status: On back-order

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Description

This paper suggests that it is essential to save a substantial portion of mineral revenues now to ensure fiscal sustainability for a post-diamond period. Taking the non-mineral primary balance into account can help clarify desirable fiscal policies. Botswana’s real effective exchange rate is broadly in line with economic fundamentals and consistent with external sustainability, indicating no threat to external stability. Export performance and other indicators suggest a number of structural competitiveness obstacles that could explain the low labor productivity and poor export and export diversification outcomes.

Taxonomy

Balance of trade , Economic policy , Economic sectors , Exports , Fiscal policy , International trade , Mining sector




More publications in this series: IMF Staff Country Reports