The Rand and the Monetary Systems of Botswana, Lesotho, and Swaziland
Bibliographic Data
| ID | 5148487 |
|---|---|
| Authors | Francis D''A Collings, Francis D'A Collings (corresponding author) |
| Year | 1978 |
| Volume | 16 |
| Issue | 1 |
| Pages | 97-121 |
| Publication date | 1978-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Modern African Studies (JOURNAL) |
| Journal identifiers | ISSN: 0022-278X • E-ISSN: 1469-7777 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022278x00007849 |
| OpenAlex | W2116205981 |
| Language | EN |
| Citations received | 4 |
Botswana, Lesotho, and Swaziland are among very few countries which, in recent times, have for an extended period and without formal agreement used another national currency as their domestic circulating medium and legal tender. After many years of being de facto part of a larger monetary area using the South African currency, in 1972 the three smaller countries jointly initiated negotiations with Pretoria which led to the creation of an officially recognised Rand Monetary Area in December 1974. Thereafter they chose different arrangemènts which span the spectrum between continued integration with and separation from the monetary system of South Africa. The experiences of these countries, while of interest in themselves, may also be relevant to other governments with dependent currency systems which face similar options
Business · Currency · De facto · Development economics · Economics · Financial system · International economics · Monetary economics · Monetary policy · Monetary system · Negotiation · Political science · Legal Issues in South Africa
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,09 |
| Citation span | 1980 - 2005 (26) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |