Inward and outward spillovers in the SACU area /

"Spillovers from South Africa into the other members of the Southern Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to sy...

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Bibliographic Details
Main Authors: Canales-Kriljenko, Jorge Iván (Author), Gwenhamo, Farayi (Author), Thomas, Saji (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2013.
Series:IMF working paper ; WP/13/31.
Subjects:
Online Access:CONNECT
Table of Contents:
  • Cover; Contents; I. Introduction; Figures; 1. Sub-Saharan Africa: Intra Sub-Saharan Africa Trade Distribution: 1980-2010; II. Interlinkages; A. Trade; Tables; 1. Bilateral Trade with South Africa, 2010; 2. Intra Sub-Saharan Africa Trading Network, 2010; 3. South Africa Trading Network with Key Global Partners, 20101; 4. SACU Countries: Trading Network with Key Global Partners, 2010; 5. Key Global Partners: Trading Network with SACU Partners, 2010; B. Current Account Receipts; 2. Sub-Saharan Africa: Composition of Current Account Receipts, 2010.
  • 3. Sub-Saharan Africa: Official Development Assistance from OECD CountriesC. Foreign Direct Investment; 4. Sub-Saharan Africa: Remittances, 2010; 5. Sub-Saharan Africa: Foreign Direct Investment Stocks from Selected Countries, 2010; 6. Sub-Saharan Africa: Key Nonfinancial South African Firms Operating in the Region; D. Financial; 7. Sub-Saharan Africa: Selected Pan-African Financial Groups, 2011; E. Monetary and Exchange Policies; F. Fiscal Policies and Customs Revenue Sharing; 8. Sub-Saharan Africa: Cross-border Banking Operations with South Africa, 2010; III. Macroeconomic Comovements.
  • 6. SACU: Country Share of Customs Receipts7. Swaziland: Fiscal Policy; IV. Review of Literature; 9. Sub-Saharan Africa: Contemporaneous Correlation with World Macroeconomic Developments, 1990-2011; 10. Sub-Saharan Africa: Contemporaneous Correlation with South African Macroeconomic Developments, 1990-2011; V. Panel Data Evidence; VI. Spillovers Evidence from Vector Autoregressions; 11. Explaining Growth in BLNS Countries; 12. Model 1 and 2-Impulse Response Functions; VII. Conclusions; 13. Model 1 Variance Decompositions; References.