Cape Verde, Namibia, and Kingdom of Swaziland : Selected Issues Paper on the Challenges of Small Middle-Income Countries in Sub-Saharan Africa

Publication Date: September 20, 2013
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Summary: This Selected Issues paper focuses on the challenges of small middle-income countries (MIC) in sSub-Saharan Africa (SSA) comprising Cape Verde, Namibia, and the Kingdom of Swaziland. The IMF report summarizes the analytic underpinnings that support the IMF staff’s advice on policies to strengthen macroeconomic stability, foster more inclusive growth, and enhance the resilience of their financial systems. It recommends that macroeconomic policies should aim to rebuild policy buffers to help cushion against large external shocks especially given the prevalence of pegged exchange rate regimes in these economies.
Series: Country Report No. 13/292
Subject(s): Fiscal policy | Sub-Saharan Africa | Reserves adequacy | Economic growth | Employment | Financial systems | Financial stability | Cross country analysis | Selected issues | Cape Verde | Namibia | Swaziland

Publication Date: September 20, 2013
ISBN/ISSN: 9781484340240/1934-7685 Format: Paper
Stock No: 1AFREA2013001 Pages: 51
US$18.00 (Academic Rate:
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