Kingdom of Swaziland: Selected Issues

International Monetary Fund

No 2015/354, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper assesses Swaziland’s export diversification and quality. Swaziland’s export structure has experienced sizable changes over the past 15 years. The share of textile exports has halved, and the expiration of trade benefits under Africa Growth Opportunity Act (AGOA) implies that the share of textile exports would decline further. Swaziland’s exports are relatively diversified with good quality index compared with its peers. However, diversification and product quality have declined in recent years, while the expiration of the access to AGOA calls for enhanced efforts in this area. Improving education and training, strengthening institutional framework, and further developing the financial market will help improve export diversification and quality upgrading.

Keywords: ISCR; CR; export; product; quality index; export product; textile export; export destination; export quality; SACU revenue shock; Nonperforming loans; Credit; Return on investment; Commercial banks; Capital adequacy requirements; Sub-Saharan Africa; Southern Africa (search for similar items in EconPapers)
Pages: 24
Date: 2015-12-23
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