This paper analyses the causal relationship between financial development and economic growth in Botswana for the period 1977-2006, using Granger causality through cointegrated Vector Autoregression methods and two proxies for financial development. Results show that there is a stable long-run...

This paper sets out to establish possible causes of inflation in Namibia. These are: growth in Namibia’s money supply, aggregate demand and domestic costs of production; and pass-through of South Africa’s prices and costs to domestic prices in Namibia. This paper argues that inflation in...