competitiveness and countercyclical fiscal policy, have led to rising fiscal and current account deficits and made South Africa … deficits. Growth is projected at 2 percent in 2013 as weak consumption growth and lackluster private investment offset robust … public investment and higher export growth. …

This Selected Issues paper estimates the potential growth rate for South Africa using different methodologies. In line …

implementation of the infrastructure investment program, higher domestic saving, and structural reforms. …

highly dependent on trade with South Africa. The sources of growth in Lesotho using a social accounting matrix model and a … growth-accounting framework are outlined. The main constraints to growth and private investment and current policy initiative … to promote broad-based growth and private investment are analyzed. The various methods employed suggest that there is …

that can be held by financial institutions in South Africa. Lesotho’s exchange rate arrangement under the CMA shares …