Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis : The Case of Swaziland /

Swaziland has faced a significant fiscal crisis since 2010, in the wake of loss of transfers from the Southern African Customs Union (SACU). The fiscal crisis has led to increasing vulnerabilities, not only of public finances but also on commercial banks and the private sector. This paper provides a...

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Bibliographic Details
Main Author: Basdevant, Olivier
Other Authors: Baba, Chikako, Mircheva, Borislava
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:Departmental Papers; Departmental Paper ; No. 2011/008
Online Access:Full text available on IMF
Description
Summary:Swaziland has faced a significant fiscal crisis since 2010, in the wake of loss of transfers from the Southern African Customs Union (SACU). The fiscal crisis has led to increasing vulnerabilities, not only of public finances but also on commercial banks and the private sector. This paper provides an analysis of Swaziland's main macroeconomic vulnerabilities and the main policy implications of the analysis.
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Physical Description:1 online resource (37 pages)
Format:Mode of access: Internet
ISSN:2616-5333
Access:Electronic access restricted to authorized BRAC University faculty, staff and students