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Inward and Outward Spillovers in the SACU Area

Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to systemati...

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Bibliographic Details
Main Author: Canales Kriljenko, Jorge
Other Authors: Gwenhamo, Farayi, Thomas, Saji
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Working Papers
Subjects:
International Trade
Imports
Terms Of Trade
Currency
Exports
Nternational Cooperation
Foreign Exchange
Exports And Imports
Empirical Studies Of Trade
International Economics
Multinational Firms
Trade: General
Economic Policy
Spillovers
International Business
Financial Sector Policy And Analysis
Real Exchange Rates
Macroeconomics
International Finance
Externalities
International Policy Coordination And Transmission
Economywide Country Studies: Africa
South Africa
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to systematically affect growth developments in BLNS countries as a group. Nevertheless, vector autoregressions, which allow country-specific parameters, suggest some strong spillovers onto the smaller economies
Physical Description:24 pages
ISBN:9781475522419

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