| Description |
1 online resource (51 pages) : color illustrations |
| Series |
IMF country report, 2227-8907 ; no. 13/292 |
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IMF country report ; no. 13/292.
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| Contents |
Cover; CAPE VERDE, NAMIBIA, AND KINGDOM OF SWAZILAND; CONTENTS; EXECUTIVE SUMMARY; 1. MACROECONOMIC VULNERABILITY IN SMALL MIDDLE-INCOME COUNTRIES IN SUBSAHARAN AFRICA-RESERVE ADEQUACY AND FISCAL POLICY; A. Introduction; B. Empirical Analysis; FIGURES; I.1. Selected Middle-Income Countries in SSA: Reserve Adequacy, 2012; TABLES; I.1 Middle-Income Countries in SSA: Adequacy of International Reserves; BOXES; I.1. Standard and Modern Approaches for Estimating Reserve Adequacy; I.2. Cape Verde: Summary of the Results of Reserve Adequacy Estimates |
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I.2. Swaziland: Actual and Adequate Level of ReservesC. Conclusions; I.3. Middle-Income Countries in Sub-Saharan Africa and the Eastern Caribbean Currency Union (ECCU): and Emerging Markets Average: Cross-Country Comparison; References; II. ENHANCING INCLUSIVE GROWTH AND EMPLOYMENT IN SMALL MIDDLE-INCOME COUNTRIES; A. Introduction; B. Empirical Analysis; II. 1. Selected Small MICs-Growth Drivers; II. 2. Selected Middle-Income Countries in SSA: Traditional Solow-Growth Accounting; II. 3. Evolution of per capita GDP (PPP terms) |
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II. 4. Namibia: Growth Incidence Curve of Real Consumption per capita: 1993/1994-2003/2004II. 5. Namibia: Growth Incidence Curve of Real Consumption per capita: 2003/2004-2009/2010; II. 6. Mauritius: Growth Incidence Curves for per capita Household Expenditures; II. 1. Contributing Factors to the End of Growth Spells in the SACU Region; II. 7. Employment-Output Elasticity, Job Creation, and the Effective Cost of Capital; II. 8. Unemployment Rates and Labor Market Indicators-Correlation Analysis; C. Conclusions; II. 1. Botswana and Chile: What Explains the Divergent Unemployment Rates |
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II. 2. Cape Verde: Unemployment, Education, and Labor Market InstitutionsII. 9. Cape Verde: Unemployment and Education; II. 3. Mauritius: Unemployment Issues; References; III. FINANCIAL STABILITY ISSUES IN SMALL MIDDLE-INCOME COUNTRIES IN SUBSAHARAN AFRICA; A. Introduction; B. The Structure of the Financial Systems and Potential Source of Vulnerabilities; III. 1. Key Banking Sector Indicators across Small Middle-Income Countries; C. Conclusions; III. 1. Namibia: Financial Sector Indicators; III. 1. Botswana: Structure and Performance of the Financial Sector |
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III. 2. Cape Verde: Structure and Performance of the Financial SectorIII. 3. Namibia: Structure and Performance of the Financial Sector; III. 4. Swaziland: Structure and Performance of the Financial Sector; References |
| 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 |
| Notes |
Title from PDF title page (IMF Web site, viewed Sept. 23, 2013) |
| Bibliography |
Includes bibliographical references |
| Subject |
Economic development -- Cabo Verde
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Economic development -- Namibia
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Economic development -- Eswatini
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Fiscal policy -- Cabo Verde
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Fiscal policy -- Namibia
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Fiscal policy -- Eswatini
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Foreign exchange reserves -- Cabo Verde
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Foreign exchange reserves -- Namibia
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Foreign exchange reserves -- Eswatini
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Labor market -- Cabo Verde
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Labor market -- Namibia
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Labor market -- Eswatini
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Economic development
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Fiscal policy
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Foreign exchange reserves
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Labor market
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Cabo Verde
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Namibia
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Eswatini
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| Form |
Electronic book
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| Author |
International Monetary Fund.
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| ISBN |
1484397444 |
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9781484397442 |
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