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Intro -- Contents -- I. INTRODUCTION -- II. RECENT DEVELOPMENTS IN NATURAL RESOURCES AND GOVERNANCE IN BOTSWANA -- III …
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Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted … that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic …
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A reaction function is estimated for interest rates set by the Bank of Botswana since financial liberalisation …
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The financial safety net framework in Botswana is incomplete, while crisis preparedness and management structures must … be expanded.2 The Bank of Botswana (BoB) lacks an emergency liquidity support mechanism for commercial banks, bank …
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The growth of wholesale-funded credit intermediation has motivated liquidity regulations. We analyze a dynamic stochastic general equilibrium model in which liquidity and capital regulations interact with the supply of risk-free assets. In the model, the endogenously time-varying tightness of...
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