In the Wake of the Global Economic Crisis: Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland

Author/Editor:

Thomson Fontaine ; Dalmacio Benicio ; Joannes Mongardini ; Genevieve Verdier ; Gonzalo C Pastor Campos

Publication Date:

January 1, 2011

Electronic Access:

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Summary:

The Southern African Customs Union (SACU) is facing its biggest challenge in its 100 years of existence. The global economic crisis has significantly reduced its revenue outlook, which is having a disproportionate impact on its smaller member countries, and which calls for an appropriate policy response. This paper discusses specifically the implications for Botswana, Lesotho, Namibia, and Swaziland, and provides recommendations regarding the proper fiscal response by these countries to the decline in SACU revenue.

Series:

Departmental Paper No 2011/001

Subject:

English

Publication Date:

January 1, 2011

ISBN/ISSN:

9781462343492/2616-5333

Stock No:

IWGECEA

Format:

Paper

Pages:

57

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