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

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 resp...

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Bibliographic Details
Main Author: Fontaine, Thomson
Other Authors: Benicio, Dalmacio, Mongardini, Joannes, Verdier, Genevieve
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:Departmental Papers
Subjects:
National Government Expenditures And Related Policies: Infrastructures
Revenue Administration
Public Debt
Public Investment Spending
Public Finance & Taxation
Debt Management
Debts, Public
Fiscal Policy
Fiscal Consolidation
Debt
Other Public Investment And Capital Stock
National Government Expenditures And Related Policies: General
Expenditure
Sovereign Debt
Taxation, Subsidies, And Revenue: General
Expenditures, Public
Macroeconomics
Public Investments
Public Finance
Revenue
Botswana
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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
Physical Description:57 pages
ISBN:9781462343492

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