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Botswana: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to generate enough permanent revenue to support the current level of expenditure. Despite strong overall growth, in Botswana, a pattern of dependence on diamond revenue and high unemployment persists. Botswana, as a typical small open economy, is closely linked to a large neighboring economy. This linkage means Botswana’s monetary and exchange policies must consider the external economic environment, particularly the pula’s exchange rate against the rand.

Suggested Citation

  • International Monetary Fund, 2007. "Botswana: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2007/228, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/228
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    References listed on IDEAS

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    1. International Monetary Fund, 2003. "Angola: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2003/292, International Monetary Fund.
    2. International Monetary Fund, 2005. "Zimbabwe: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2005/359, International Monetary Fund.
    3. International Monetary Fund, 2005. "Republic of Madagascar: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2005/321, International Monetary Fund.
    4. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    5. Johansen, Søren & Juselius, Katarina, 1992. "Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK," Journal of Econometrics, Elsevier, vol. 53(1-3), pages 211-244.
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    Cited by:

    1. Abdullahi Ahmed & Andrew Hulten, 2014. "Financial Globalization in Botswana and Nigeria: A Critique of the Thresholds Paradigm," The Review of Black Political Economy, Springer;National Economic Association, vol. 41(2), pages 177-203, June.
    2. Pegg, Scott, 2010. "Is there a Dutch disease in Botswana?," Resources Policy, Elsevier, vol. 35(1), pages 14-19, March.
    3. Mpho Bosupeng & Janet Dzator & Andrew Nadolny, 2019. "Wechselkursfehlausrichtung und Kapitalflucht ab Botswana: Ein Cointegrationsansatz mit Risikoschwellen [Exchange Rate Misalignment and Capital Flight from Botswana: A Cointegration Approach with Ri," Post-Print hal-02168726, HAL.

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