This thesis consists of an introduction and four papers exploring various aspects of the Namibian economy. These aspects cover shadow pricing, environmental valuation and capital market development in Namibia. Paper I estimates the shadow prices of capital, labour and foreign exchange for the...

This thesis consists of four papers studying economic aspects of natural resource and environmental management in Namibia. <p> Paper [I] analyses changes in Namibian energy use patterns between 1980 and 1998. The study finds that, unlike their counterparts in many other developing countries where...</p>

This paper estimates national economic parameters to be used for project appraisal in Namibia. The shadow prices of capital, labour and foreign exchange are derived. The results suggest that the economic opportunity cost of capital is 7.2%. The economic costs of Namibian labour as a share of...