Kingdom of Lesotho: Selected Issues and Statistical Appendix
IMF Staff Country Reports, April 21, 2008
Source details
- Canonical URL
- Kingdom of Lesotho: Selected Issues and Statistical Appendix
Other formats
Bibliographic details
- Published: April 21, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451823875.002
Overview
- Publication date: April 21, 2008
- Format: IMF Staff Country Report No. 2008/135, 68 pages
- DOI: https://doi.org/10.5089/9781451823875.002
- ISBN: 9781451823875
- ISSN: 1934-7685
- Main subject areas: Exchange rates, Foreign exchange, Income, National accounts, Purchasing power parity, Real effective exchange rates, Real exchange rates
Key findings
- The challenge of achieving broad-based growth in Lesotho is discussed.
- Economic growth is inconsistent.
- Lesotho is highly dependent on trade with South Africa.
- The various methods employed suggest that there is neither external stability nor significant evidence of exchange rate misalignment.
Methods and analysis
- Sources of growth in Lesotho are outlined using:
- a social accounting matrix (SAM) model
- a growth-accounting framework
- The main constraints to growth and private investment are analyzed alongside current policy initiatives to promote broad-based growth and private investment.
Constraints and policy implications
- Main constraints to growth and private investment are identified (specific constraints described in the report).
- Current policy initiatives to promote broad-based growth and private investment are analyzed (specific initiatives described in the report).
Keywords
- Africa, competitiveness rank Lesotho, CR, doing business indicator, exchange rate, Exchange rates, firms in Lesotho, Income, ISCR, Lesotho, Purchasing power parity, Real effective exchange rates, Real exchange rates, Sub-Saharan Africa, textile export, textile sector
International Monetary Fund. "Kingdom of Lesotho: Selected Issues and Statistical Appendix", IMF Staff Country Reports 2008, 135 (2008).