Central Data Catalog

Citation Information

Type Journal Article - Business Review (GBR)
Title Socio-economic challenges and financial crisis: sustainability in swaziland
Author(s)
Publication (Day/Month/Year) 2013
Page numbers 1
URL http://gkv.ac.in/fwd/GBR09.pdf#page=4
Abstract
The social development in Swaziland has
been affected seriously due to financial challenges
facing the country and its political infancy. Swaziland
has a budget deficit of 14.3% of GDP and heavily
relies on South African Customs Union revenue.
Further, Swaziland found it difficult to attract Foreign
Direct Investment in recent years. This study explores
the social and economic challenges in Swaziland and
contributes to the debate on a sustainable socioeconomic
environment. The study indicates that, in
order to alleviate the socio-economic problems, the
country needs to improve its agro-based economic
sector since agriculture is the key driver of socioeconomic
development in many countries. 60% of
Africa's arable land is still untapped that will be
improved very soon because of global food demand,
and Africa's GDP including Swaziland will look much
better.

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