01863cas a2200277 a 4500 AALejournalIMF011393 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463924652 1018-5941 BD-DhAAL BD-DhAAL Zanna, Luis-Felipe. The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland / Luis-Felipe Zanna, Olivier Basdevant, Susan Yang, Genevieve Verdier. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (38 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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 the needed fiscal consolidation. The choice among these options should be driven by (i) the impact on growth and (ii) the specificities of each country. Overall, a focus on government consumption cuts appears to minimize the negative impact on growth, and would be appropriate given the relatively large size of the public sector in each country. Mode of access: Internet Basdevant, Olivier. Verdier, Genevieve. Yang, Susan. IMF Working Papers; Working Paper ; No. 2011/266 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/266/001.2011.issue-266-en.xml IMF e-Library