01781cas a2200241 a 4500 AALejournalIMF015547 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513524375 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Namibia : Selected Issues. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (33 pages) IMF Staff Country Reports <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 This Selected Issues paper examines macro-financial risks associated with housing boom in Namibia. Namibia has enjoyed stable and steady progress in financial sector developments, but vulnerabilities might have built up. The recent evolution of Namibia's housing prices raises a question as to whether the prices reflect economic fundamentals. Overall, estimates based on cross-country evidence of countries that experienced a boom-bust episode in the housing sector suggest that Namibia's real economic growth could be 3 to 27 percentage points lower than under the baseline scenario over a three-year period. Under the most adverse scenario, in particular, GDP is expected to contract 9.9 percent in real terms over the three-year projection period. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/277 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/277/002.2015.issue-277-en.xml IMF e-Library