European Parliament Library

Botswana :, Selected Issues

This paper suggests that it is essential to save a substantial portion of mineral revenues now to ensure fiscal sustainability for a post-diamond period. Taking the non-mineral primary balance into account can help clarify desirable fiscal policies. Botswana’s real effective exchange rate is broadly in line with economic fundamentals and consistent with external sustainability, indicating no threat to external stability. Export performance and other indicators suggest a number of structural competitiveness obstacles that could explain the low labor productivity and poor export and export diversification outcomes
Table Of Contents
Cover; Contents; I. Calculating Fiscal Sustainability Benchmarks for Botswana; A. Introduction; B. Three Fiscal Objectives Have Been Met; C. Calculating Fiscal Sustainability Benchmarks for Botswana; Figures; I.1 Mineral Revenues, Annuity, and Asset Accumulation; Text Tables; I.1. Fiscal Sustainability Benchmarks; D. Sensitivity Analysis; I.2. Sensitivity Analysis for Benchmarked Balances; I.3. Mineral Revenues, Annuity, and Asset Accumulation; E. Conclusions; II. Assessing External Stability in a Resource-Dependent, Developing Economy; A. Introduction
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (36 p.)
Specific Material Designation
Form Of Item

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