Botswana's successive currency devaluations and recent move from a fixed to a crawling peg exchange rate regime raise … experiences in other countries with crawling peg arrangements are therefore considered in the context of Botswana …

This study investigates the impact of exchange rate misalignment on outward capital flight in Botswana over the period … (1995) approach to Granger causality. Botswana's currency misalignment was caused by current account imbalances. The most … important determinant of capital flight from Botswana is trade openness, which indicates that exportable commodities are …

This study investigates the impact of exchange rate misalignment on outward capital flight in Botswana over the period … (1995) approach to Granger causality. Botswana's currency misalignment was caused by current account imbalances. The most … important determinant of capital flight from Botswana is trade openness, which indicates that exportable commodities are …

Intro -- Contents -- I. INTRODUCTION -- II. THE LITERATURE -- III. RECENT DEVELOPMENTS IN EXCHANGE RATES IN BOTSWANA …