Southern African economies appear to be converging
Bank of Botswana economists find SADC countries moving in the same direction
A working paper published in the July edition of the Bank of Botswana's research bulletin investigates the extent of macroeconomic convergence within the Southern African Development Community (SADC), finding that the major indicators are indeed converging.
The paper, Coordination of Macroeconomic Policies in the Southern African Development Community Region, by TL Chankuluba and C Chepete, uses descriptive statistics and econometric tools to assess adherence to convergence timetable and
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