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

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland by Olivier Basdevant, Chikako Baba, Borislava Mircheva, INTERNATIONAL MONETARY FUND
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Author: Olivier Basdevant, Chikako Baba, Borislava Mircheva ISBN: 9781475547160
Publisher: INTERNATIONAL MONETARY FUND Publication: December 23, 2011
Imprint: Language: English
Author: Olivier Basdevant, Chikako Baba, Borislava Mircheva
ISBN: 9781475547160
Publisher: INTERNATIONAL MONETARY FUND
Publication: December 23, 2011
Imprint:
Language: English
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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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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