Kingdom of Lesotho: Selected Issues and Statistical Appendix

Publication Date:

April 21, 2008

Electronic Access:

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Summary:

The challenge of achieving broad-based growth in Lesotho is discussed. Economic growth is inconsistent. Lesotho is highly dependent on trade with South Africa. The sources of growth in Lesotho using a social accounting matrix model and a growth-accounting framework are outlined. The main constraints to growth and private investment and current policy initiative to promote broad-based growth and private investment are analyzed. The various methods employed suggest that there is neither external stability nor significant evidence of exchange rate misalignment.

Series:

Country Report No. 2008/135

Subject:

English

Publication Date:

April 21, 2008

ISBN/ISSN:

9781451823875/1934-7685

Stock No:

1LSOEA2008001

Pages:

68

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