Swaziland - Future trends

The Swaziland economy will for the foreseeable future continue to be heavily reliant on the South African economy as well as regional economic organizations such as the Southern African Customs Union and the Southern African Development Cooperation. Its small size and landlocked location make any changes in economic partnerships difficult to envisage. Even with greater regional integration, the dependence on South Africa will continue as South Africa has the largest manufacturing sector in southern Africa, as well as sophisticated financial expertise, and the ability to provide effective management for its investments in neighboring states.

Nevertheless, to exploit the benefits of regional integration and maintain economic stability, Swaziland is being pressured to speed-up its privatization program, upgrade infrastructure , and improve the regulation of the financial sector. The political maneuverings have to date been seen as having little effect on the economy. However, there is no doubt that Swaziland will receive more aid and international cooperation if the awaited constitutional review recommends a bill of rights, the introduction of a multiparty democratic system, and the reversion of the king to the role of constitutional monarch.

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