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The Mystery of Missing Real Spillovers in Southern Africa: Some Facts and Possible Explanations

Olivier Basdevant, Andrew W Jonelis, Borislava Mircheva




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 | #4429012 in eBooks |  2014-06-04 |  2014-06-04 | File type: PDF

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Anecdotal evidence suggests that the economies of South Africa and its neighbors (Botswana, Lesotho, Mozambique, Namibia, Swaziland, and Zimbabwe) are tightly integrated with each other. There are important institutional linkages. Across the region there are also large flows of goods and capital, significant financial sector interconnections, as well as sizeable labor movements and associated remittance flows. These interconnections suggest that South Africa’s GDP ...

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