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 investigates the determinants of tourism in Namibia for the period 1996 to 2005. The results indicate that an increase in trading partners’ income, depreciation of the exchange rate, improvement in Namibia’s infrastructure, sharing a border with Namibia are associated with an...