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Monetary Disintegration in Southern Africa

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  • Roe, Alan R
  • Davies, Peter

Abstract

The three former High Commission Territories of Botswana, Lesotho and Swaziland (B>L>S>) retain a special significance on the African scene by virtue of their peculiar relationship with South Africa. While their geographical positions force them into a high degree of economic and political dependence on South Africa, they are very much a part of Black Africa, and their post independence efforts to arrest a degree of "genuine" independence from their dominant neighbour is a matter of considerable interest to economist and politician alike. This interest is made all the stronger by the widely held view that South African policies towards the three states are establishing precedents for, or are at least indicators of, policies towards those "homelands" of South Africa which are already nominally independent or shortly to obtain that status.

Suggested Citation

  • Roe, Alan R & Davies, Peter, 1979. "Monetary Disintegration in Southern Africa," The Warwick Economics Research Paper Series (TWERPS) 144, University of Warwick, Department of Economics.
  • Handle: RePEc:wrk:warwec:144
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/workingpapers/1978-1988/twerp144.pdf
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