This paper examines how economic indicators which are used for policy agreements in SACU explain and can be used to forecast the country member’s Gross Domestic Product. These indicators are the current account balance, the final consumption expenditure, the net trade in goods services and the...

This paper investigates the performance of the IMF WEO growth forecast revisions across different horizons and country groups. We find that: (i) growth revisions in horizons closer to the actual are generally larger, more volatile, and more negative; (ii) on average, growth revisions are in the...