Cape Verde, Namibia, and Kingdom of Swaziland: Selected Issues Paper on the Challenges of Small Middle-Income Countries in Sub-Saharan Africa

International Monetary Fund

No 2013/292, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper focuses on the challenges of small middle-income countries (MIC) in sSub-Saharan Africa (SSA) comprising Cape Verde, Namibia, and the Kingdom of Swaziland. The IMF report summarizes the analytic underpinnings that support the IMF staff’s advice on policies to strengthen macroeconomic stability, foster more inclusive growth, and enhance the resilience of their financial systems. It recommends that macroeconomic policies should aim to rebuild policy buffers to help cushion against large external shocks especially given the prevalence of pegged exchange rate regimes in these economies.

Keywords: ISCR; CR; reserve; financial system; wage; bank; banking sector; banking system; concentration risk; wage policy; determination system; adequacy estimate; credit exposure; cost of capital; wage-price spiral; Unemployment; Commercial banks; Labor markets; Reserve positions; Unemployment rate; Sub-Saharan Africa; Global; Africa (search for similar items in EconPapers)
Pages: 51
Date: 2013-09-20
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=40949 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2013/292

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().