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: Mongardini, Joannes ; Benicio, Dalmacio ; Fontaine, Thomson ; Pastor, Gonzalo C. ; Verdier, Geneviève
Publication Date: January 01, 2011
Electronic Access: Free Full text (PDF file size is 1,695KB).
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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: African Departmental Paper No. 11/01
Subject(s): Botswana | Lesotho | Namibia | Swaziland

Publication Date: January 01, 2011
ISBN/ISSN: 978-1-61635-077-2 Format: A web quality merged PDF
Stock No: IWGECET Pages: 58
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