Cargando…

Kingdom of Swaziland : 2014 Article IV Consultation, Staff Report, and Press Release.

"Swaziland has gradually recovered from the fiscal crisis of 2010-11, buoyed by the improved revenues from the Southern African Customs Union (SACU). Growth modestly recovered, and international reserves rebounded. Swaziland's challenges, however, remain significant, in view of its high vu...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Colección:IMF country report ; no. 14/223.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 a 4500
001 EBSCO_ocn884465255
003 OCoLC
005 20231017213018.0
006 m o d
007 cr |||||||||||
008 140723t20142014dcua ob i000 0 eng d
040 |a DJB  |b eng  |e pn  |c DJB  |d IDEBK  |d E7B  |d CCO  |d OCLCF  |d OCLCQ  |d NKT  |d LLB  |d AZK  |d OCLCQ  |d OCLCO  |d LOA  |d COCUF  |d MOR  |d PIFAG  |d N$T  |d AGLDB  |d OCLCQ  |d OCLCO  |d U3W  |d D6H  |d OCLCA  |d STF  |d VNS  |d VTS  |d NRAMU  |d CRU  |d OCLCQ  |d OCLCO  |d VT2  |d AU@  |d OCLCQ  |d OCLCO  |d WYU  |d TKN  |d OCLCA  |d OCLCQ  |d OCLCO  |d OCL  |d OCLCQ  |d OCLCO  |d CUS  |d VLY  |d OCLCO  |d OCLCQ 
019 |a 951629946  |a 961514505  |a 962633161 
020 |a 1498358055  |q (electronic bk.) 
020 |a 9781498358057  |q (electronic bk.) 
020 |z 1498344593 
020 |z 1498358055 
020 |z 9781498344593 
024 7 |a 10.5089/9781498344593.002  |2 doi 
029 1 |a CHNEW  |b 000696464 
029 1 |a CHNEW  |b 000696468 
029 1 |a DEBSZ  |b 493147373 
035 |a (OCoLC)884465255  |z (OCoLC)951629946  |z (OCoLC)961514505  |z (OCoLC)962633161 
043 |a f-sq--- 
050 4 |a HC59.15.I15  |b No. 14/223eb 
072 7 |a BUS  |x 055000  |2 bisacsh 
072 7 |a BUS  |x 069000  |2 bisacsh 
082 0 4 |a 330.9688703  |2 23 
049 |a UAMI 
245 0 0 |a Kingdom of Swaziland :  |b 2014 Article IV Consultation, Staff Report, and Press Release. 
246 1 |i Title from p. 2 of pdf:  |a Kingdom of Swaziland, staff report for the 2014 Article IV consultation 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2014. 
264 4 |c ©2014 
300 |a 1 online resource (74 pages) :  |b color illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Country Reports ;  |v no. 14/223 
500 |a "July 2014." 
500 |a "June 25, 2014"--Page 2 of pdf 
504 |a Includes bibliographical references. 
505 0 |a Cover; CONTENTS; RECENT DEVELOPMENTS, OUTLOOK, AND RISKS; A. Recent Economic Developments; B. Development and Social Challenges; C. Outlook and Risks; POLICY DISCUSSIONS; A. Strengthening Resilience to Exogenous Shocks; BOXES; 1. Public Sector Wage Increases and Planned Public Sector Reforms; 2. Groundwork for Successful Fiscal Rules; B. Raising Growth Potential and Creating Jobs; C. Other Surveillance Issues; STAFF APPRAISAL; FIGURES; 1. Improving Economic and Financial Conditions since the 2010-11 Fiscal Crisis; 2. Social Developments; 3. Recent Macroeconomic Performance and Outlook. 
505 8 |a 3. Recent Macroeconomic Performance and Outlook (concluded)4. GDP Growth and Private Sector Investment; TABLES; 1. Risk Assessment Matrix; 2. Selected Economic and Financial Indicators, 2012-19; 3. Fiscal Operations of the Central Government, 2010/11-19/20; 4. Fiscal Operations of the Central Government, 2010/11-19/20; 5. Monetary Accounts, 2011-19; 6. Balance of Payments, 2011-19; 7. Millennium Development Goals, 1995-2013 or Latest; 8. Financial Sector Indicators, 2009-13; APPENDICES; I. Exchange Rate Assessment; II. Adequate International Reserves; III. Debt Sustainability Analysis. 
505 8 |a IV. Fiscal Multiplier in SwazilandV. Causes of Low Private Sector Investment; CONTENTS; RELATIONS WITH THE FUND; BANK-FUND JOINT MANAGEMENT ACTION PLAN; STATISTICAL ISSUES; SOCIAL AND DEMOGRAPHIC INDICATORS. 
520 |a "Swaziland has gradually recovered from the fiscal crisis of 2010-11, buoyed by the improved revenues from the Southern African Customs Union (SACU). Growth modestly recovered, and international reserves rebounded. Swaziland's challenges, however, remain significant, in view of its high vulnerability to exogenous shocks and its sluggish growth performance, while facing significant social and development challenges with high unemployment and the prevalence of HIV/AIDS. Swaziland now stands at a critical juncture to strengthen its resilience to exogenous shocks, address its weak growth performance, and meet critical social and development needs. Outlook and risks: Under the status-quo policies, the outlook is for continued sluggish growth and increasing fiscal and external imbalances, reflecting low private investment, elevated government spending, and prospective decline in SACU revenues. Risks are associated with the high volatility of the SACU revenues, possible negative spillovers from South Africa (including higher policy rate and lower growth), and uncertain prospects for preferential trade agreements with the U.S. and EU. Strengthening Resilience to Shocks: Over the medium term, international reserves should be targeted at five to seven months of imports, and public debt be kept below 30 percent of GDP. This calls for a prudent fiscal policy stance, with fiscal deficit below 2 percent of GDP. Raising growth: It is essential to enhance the efficiency of the public sector and promote private sector-led growth through structural reforms including improving business climate and accelerating land reforms. Maintaining financial stability: Financial soundness indicators are generally strong. The strong growth of the nonbank financial sector in recent years calls for strengthening of supervision and regulation for the sector. Past advice: There is broad agreement between the Fund and the authorities on macroeconomic policy and structural reform priorities. With the authorities' fiscal consolidation efforts and the improved SACU revenues, fiscal and external sustainability is being restored, consistent with staff's advice. However, progress on structural reforms - including re-launching the privatization process, improving access to modern finance and improving the business climate - has been modest"--Abstract 
588 0 |a Online resource; title from pdf title page (IMF Web site, viewed July 23, 2014). 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
610 2 0 |a International Monetary Fund  |z Eswatini. 
610 2 7 |a International Monetary Fund.  |2 fast  |0 (OCoLC)fst00556666 
650 0 |a Economic development  |z Eswatini. 
650 0 |a Economic indicators  |z Eswatini. 
651 0 |a Eswatini  |x Economic conditions. 
651 0 |a Eswatini  |x Economic policy. 
650 6 |a Développement économique  |z Eswatini. 
650 6 |a Indicateurs économiques  |z Eswatini. 
650 7 |a BUSINESS & ECONOMICS  |x Economics  |x General.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Reference.  |2 bisacsh 
650 7 |a Economic development.  |2 fast  |0 (OCoLC)fst00901785 
650 7 |a Economic history.  |2 fast  |0 (OCoLC)fst00901974 
650 7 |a Economic indicators.  |2 fast  |0 (OCoLC)fst00901996 
650 7 |a Economic policy.  |2 fast  |0 (OCoLC)fst00902025 
651 7 |a Eswatini.  |2 fast  |0 (OCoLC)fst01214603 
650 7 |a Fiscal Crisis.  |2 imf 
650 7 |a Fiscal Rule.  |2 imf 
650 7 |a Prudent Fiscal Policy.  |2 imf 
650 7 |a Public Debt.  |2 imf 
651 7 |a Swaziland.  |2 imf 
710 2 |a International Monetary Fund,  |e issuing body. 
776 0 8 |i Print version:  |t Kingdom of Swaziland : Staff Report for the 2014 Article IV Consultation.  |d Washington, D.C. : International Monetary Fund, 2014  |z 9781498344593 
830 0 |a IMF country report ;  |v no. 14/223. 
856 4 0 |u https://ebsco.uam.elogim.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1256309  |z Texto completo 
938 |a ebrary  |b EBRY  |n ebr10928024 
938 |a EBSCOhost  |b EBSC  |n 1256309 
938 |a ProQuest MyiLibrary Digital eBook Collection  |b IDEB  |n cis29772839 
994 |a 92  |b IZTAP