Home » Inward and Outward Spillovers in the Sacu Area by Jorge Iván Canales-Kriljenko
Inward and Outward Spillovers in the Sacu Area Jorge Iván Canales-Kriljenko

Inward and Outward Spillovers in the Sacu Area

Jorge Iván Canales-Kriljenko

Published January 1st 2013
ISBN : 9781299265110
ebook
25 pages
Enter the sum

 About the Book 

Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to realMoreSpillovers from South Africa into the other members of the Souther 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 systematically affect growth developments in BLNS countries as a group. Nevertheless, vector autoregressions, which allow country-specific parameters, suggest some strong spillovers onto the smaller economies.