Zanna, Luis-Felipe; Basdevant, Olivier; Yang, Susan; … - International Monetary Fund (IMF) - 2011
Botswana, Lesotho, Namibia, and Swaziland face the serious challenge of adjusting not only to lower Southern Africa Customs Union (SACU) transfers because of the global economic crisis, but also to a potential further decline over the medium term. This paper assesses options for the design of...
