Botswana: 2013 Selected Issues

International Monetary Fund

No 2013/297, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines fiscal policy implications for labor market and economic diversification in Botswana. The IMF report analyzes that large public employment significantly affect labor market outcomes in middle-income countries, including Botswana. It is noted that reforms aimed at reducing the rents and the size of the public sector is likely to significantly improve market outcomes in Botswana. As part of efforts to find new engines of growth and support sustainable long-term and broad-based growth, Botswana has over the years also vigorously pursued policies to diversify the economy.

Keywords: ISCR; CR; work; labor market; private sector; private employment; Botswana government; private-sector job; diversification policy; total factor productivity; crowding-out effect; employment opportunity; influence unemployment; least squares; policy lesson; Public employment; Employment; Unemployment; Exports; Labor markets; Southern Africa; Global; Africa (search for similar items in EconPapers)
Pages: 43
Date: 2013-09-23
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