This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving-investment … non-EMS countries. It is seen that the EMS countries exhibit much lower saving-investment correlations than their non …

, the limited tools available to policymakers to affect savings are discussed. Finally, the extent to which recent tax …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

among the factors that have contributed most to delaying the private sector’s investment response and preventing a …

The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and … exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output … implementation of substantial structural reforms, in particular the authorities’ planned reforms in labor markets, the investment …

NMPD in 2007/08. Botswana continues to peg the pula to a basket of the rand and the SDR in an effort to maintain a stable …

The Report on the Observance of Standards and Codes (ROSC)—Data Module provides an assessment of Botswana …

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to … generate enough permanent revenue to support the current level of expenditure. Despite strong overall growth, in Botswana, a … pattern of dependence on diamond revenue and high unemployment persists. Botswana, as a typical small open economy, is closely …

This Selected Issues paper for Botswana highlights the macroeconomic impact of an effectively implemented National …