SWAZILAND ECONOMIC CONFERENCE 2017 - Strategy for Swaziland’s Development

Concept Note And Call for Papers

SWAZILAND ECONOMIC CONFERENCE 2017

Economic Recovery and Sustainable Growth in Swaziland

Mbabane, Swaziland, October 25 – 27, 2017


Strategy for Swaziland’s Development

In order for Swaziland to achieve its goal of making poverty and hunger a thing of the past and noting the free-enterprise nature of the Swazi economy; the country needs to assess its economic performance and acquire a good understanding of the opportunities and challenges that exist, and how they can be addressed. This is necessary as a means of triggering the economic recovery that the country needs as it enters the last five years of the NDS.

The revised draft National Development Strategy (NDS) is the over-arching framework that provides a platform for the conduct, and attainment, of sustainable development in Swaziland. It focuses on stimulating inclusive sustainable growth and prosperity in the medium to long term, through promoting investments into agriculture and mining, rural development, finance, manufacturing, services, and tourism and hospitality. Other areas of macroeconomic strategic importance include improving the efficiency of financial, and monetary, institutions; establishing science, technology, and innovation (STI) driven industries; improving economic competitiveness; strengthening the quality of education, and encouraging good governance (constitutionalism, legitimacy, accountability, transparency, participation, rule of law, and predictability) and sound economic management. The Conference will probe the extent to which the thrust of the NDS is yielding results, and the extent to which the priorities of the country, such as poverty reduction have been met.

 


1 See CSO (2007)

2 See for instance Manyatsi et al. (2013).

3 The relaxed definition describes persons who are without work and available for work but are not seeking work (ILFS, 2014).

4 See the Integrated Labour Force Survey (2014)

5 See World Bank (2015)

6 See Strategy for Sustainable Development and Inclusive Growth (2014)