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The Authors

The Authors »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

Joannes Mongardini is currently deputy division chief in the African Department at the IMF and has served as IMF mission chief on Benin, Burundi, Namibia, Republic of Congo, and Swaziland. He ha...

Building a Common Future in Southern Africa

Building a Common Future in Southern Africa »

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

DOI: http://dx.doi.org/10.5089/9781616353995.071

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

The Southern African Customs Union (SACU) is the oldest customs union in the world, with significant opportunities ahead for creating higher economic growth and increased welfare benefits to the people of the regio...

Back Matter

Back Matter »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

The Southern African Customs Union (SACU) is the oldest customs union in the world, with significant opportunities ahead for creating higher economic growth and increased welfare benefits to the people of the regio...

Front Matter

Front Matter »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

The Southern African Customs Union (SACU) is the oldest customs union in the world, with significant opportunities ahead for creating higher economic growth and increased welfare benefits to the people of the regio...

Chapter 6: Closing the Jobs Gap in the Southern African Customs Union

Chapter 6: Closing the Jobs Gap in the Southern African Customs Union »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

The Southern African Customs Union (SACU) region is facing an unemployment crisis of enormous proportions. Available statistics indicate that the official unemployment rate in SACU is between 20 and 50 perce...

Chapter 4: Designing Fiscal Policies within the Southern African Customs Union

Chapter 4: Designing Fiscal Policies within the Southern African Customs Union »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

Following the onset of the global economic crisis in 2008, Southern African Customs Union (SACU) member countries experienced a significant growth slowdown and deterioration of their fiscal balances. This de...

Chapter 3: Southern African Customs Union Revenue Volatility: Roots and Options for Mitigation

Chapter 3: Southern African Customs Union Revenue Volatility: Roots and Options for Mitigation »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

Botswana, Lesotho, Namibia, and Swaziland (BLNS) receive significant government revenues in transfers from the Southern African Customs Union (SACU). As a percentage of GDP and total revenues, these transfer...

Chapter 2: The Benefits of Trade Integration in the Southern African Customs Union

Chapter 2: The Benefits of Trade Integration in the Southern African Customs Union »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

Despite being the oldest customs union in the world, the Southern African Customs Union (SACU) has often been criticized as a trade agreement benefiting its largest and most powerful member, South Africa, an...

Chapter 1: The Economics of Regional Integration: Current Challenges and Future Opportunities for Southern Africa

Chapter 1: The Economics of Regional Integration: Current Challenges and Future Opportunities for Southern Africa »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

The Southern African Customs Union (SACU) celebrated its 100th anniversary in 2010. As the oldest customs union in the world, SACU has brought significant benefits to its five member countries, Botswana, Les...

Chapter 5: Welfare Effects of Monetary Integration: The Common Monetary Area and Beyond

Chapter 5: Welfare Effects of Monetary Integration: The Common Monetary Area and Beyond »

Source: Building a Common Future in Southern Africa

Series: Books

Author(s): Joannes Mongardini , Tamon Asonuma , Olivier Basdevant , Alfredo Cuevas , Xavier Debrun , Lars Engstrom , Imelda Flores Vazquez , Vitaliy Kramarenko , Lamin Leigh , Paul Masson , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

ISBN: 9781616353995

Keywords: monetary policy, inflation, unemployment rate, rules

The formation of currency unions has always been accompanied by intense debates on their costs and benefits for potential members. Even if monetary integration has an important political dimension, it rarely...