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n African Review of Economics and Finance - Path to economic recovery and sustainable growth in the Kingdom of Eswatini - editorial

Volume 10 Number 2
  • ISSN : 2042-1478
  • E-ISSN: 2410-4906

Abstract

In the wake of the Kingdom of Eswatini’s 50 years of independence in 2018, the country held a first of its kind economic conference dubbed the Eswatini Economic Conference (EEC) 2017. The theme of the inaugural national economic conference was “Turning the Key: A Path to Economic Recovery and Sustainable Growth in the Kingdom of Eswatini” and sought to document efforts made towards economic recovery in Eswatini. Details matter. Beginning from the early days of independence in 1968, the Kingdom of Eswatini endeavoured to put in place economic strategies, infrastructure, and government initiatives that would lead to improved economic activity and growth. By the early 1970s, Eswatini had already established a vibrant industrial town – Matsapha – and had invested in railways and roads to enable commerce and trade and reduce the hurdles associated with being a landlocked country including the construction of dams and canals for irrigation (to stimulate agricultural development) and power generation (see Hunt, 2010; Crown, 1968; Scutt, 1966). Driven by favourable developments in both the primary (mining and agriculture) and secondary (mainly manufacturing) sectors, Eswatini’s economic strategies began to declare dividends sooner than expected, with the country becoming the preferred investment destination for multinational corporations by the midto late1970s.

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/content/journal/10520/EJC-1297a41083
2018-12-01
2019-05-20

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