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MPRA_paper_81504.pdf
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🔗 Source: mpra.ub.uni-muenchen.de
📊 Size: 1.08 MB
👤 Author: Milton AYOKI
⬇️ Downloads: 69

Summary

The country's growth prospect is largely contingent on developments in South Africa, and its reliance on revenues from a few primary commodity exports and foreign inflows has led to a declining trend in its growth trajectory. The paper highlights the challenges faced by small states, including underdeveloped financial markets, limited institutional capacity, and high bilateral trade costs, which reduce their global competitiveness. Swaziland's economy is characterized by a high GDP per capita, but also widespread poverty, high unemployment, and significant regional disparities, making it vulnerable to global economic shocks.

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The country's growth prospect is largely contingent on developments in South Africa, and its reliance on revenues from a few primary commodity exports and...

Technical Information

  • File Format: PDF
  • File Size: 1.08 MB
  • Pages: 48
  • Language: EN
  • Author: Milton AYOKI
  • Total Downloads: 69
  • Last Updated: 1 month ago

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