Namibia - Selected Issues and Statistical Appendix (Electronic book text)


1. Sound macroeconomic policies and high mineral prices have supported Namibia's solid growth performance in recent years, broadly in line with the rest of the region. Terms of trade gains and higher Southern African Customs Union (SACU) transfers have also led to a substantial external account surplus and an improved fiscal position. However, the capital-intensive mineral sector and limited opportunity in the non mining sector have left unemployment high (over 30 percent), and income inequality among the highest in the world. A high, though declining, HIV/AIDS rate and low school enrollment continue to undermine productive capacity (Figure 1).

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1. Sound macroeconomic policies and high mineral prices have supported Namibia's solid growth performance in recent years, broadly in line with the rest of the region. Terms of trade gains and higher Southern African Customs Union (SACU) transfers have also led to a substantial external account surplus and an improved fiscal position. However, the capital-intensive mineral sector and limited opportunity in the non mining sector have left unemployment high (over 30 percent), and income inequality among the highest in the world. A high, though declining, HIV/AIDS rate and low school enrollment continue to undermine productive capacity (Figure 1).

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Product Details

General

Imprint

Not Avail

Country of origin

United States

Release date

February 2008

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Format

Electronic book text

Pages

93

ISBN-13

978-6613744234

Barcode

9786613744234

Categories

LSN

6613744239



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