Download or read book Zimbabwe Challenges and Policy Options after Hyperinflation written by Gilda Fernandez and published by INTERNATIONAL MONETARY FUND. This book was released on 2010-06-23 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the challenges and policy options after hyperinflation in Zimbabwe. The paper reviews the pros and cons of alternative monetary regimes for Zimbabwe to succeed the current multicurrency system, which the authorities consider a temporary arrangement. The analysis suggests that some form of official dollarization has significant advantages. The paper also assesses competitiveness and external sustainability in debt-distressed Zimbabwe. It also makes a case for creating fiscal space for growth and development in post-hyperinflation Zimbabwe.
Download or read book Hyperinflation in Zimbabwe written by Tara McIndoe-Calder and published by Springer Nature. This book was released on 2019-11-16 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the hyperinflation in Zimbabwe in the 2000s. The authors present a full description of the Zimbabwean hyperinflation in its relevant economic, historical and political context. They address parallels with other hyperinflations, discuss the economics of hyperinflation in general and of the Zimbabwean hyperinflation in particular, and provide a money demand estimation using a new dataset. The study concludes with several policy lessons. This book will be of interest to researchers in both social sciences and the humanities, as well as practitioners and policy-makers in development economics, and those in the banking industry.
Download or read book Zimbabwe Mired in Transition written by Masunungure, Eldred V. and published by Weaver Press. This book was released on 2014-04-03 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three years after the advent of Zimbabwe's Inclusive Government in February 2009, the country still awaits the elections that people hope will lead to a more enduring political settlement. Zimbabwe: Mired in Transition reviews the experience of recent years assesses the progress that has been made. What is the public mood, and how has it changed? What steps have been taken to reform the media? How important is a new constitution. Although the economy has stabilised to some extent with the adoption of a multi-currency regime, industrial and agricultural production are depressed, and investment inflows are limited; what spaces exist for fiscal reform? Are local authority structures and the state bureaucracy equipped to handle the tasks that will ne asked of them? In terms of two important areas, the book extends its analysis further back than 2009. First, is the issue of emigration. Estimates of the number of Zimbabweans in the diaspora range from three to four million; what impact us this having on national development, and to what extent might the trend of migration be reversed? The second concerns young people, the chapter on which concludes: 'We already have a "lost generation" - those who were once called the "born frees". Unless positive changes are made, we will still have another'. This collection of eleven essays examines in detail some of the pressing questions which Zimbabweans must ask as they chart a way forward.
Download or read book ZIMBABWE THE END OF THE FIRST REPUBLIC written by Jacob W. Chikuhwa and published by Author House. This book was released on 2013 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Supported by well researched historical narrative and economic data, Zimbabwe: the end of the first republic examines the triumphs and tribulations of the Zimbabwean national project leading to the adoption of a home-grown constitution and the July 31, 2013 elections"--Cover.
Download or read book Zimbabwes Lost Decade written by Lloyd Sachikonye and published by African Books Collective. This book was released on 2012-04-24 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zimbabwe occupies a special place in African politics and international relations, and has been the subject of intense debates over the years. At independence in 1980, the country was better endowed than most in Africa, and seemed poised for economic development and political pluralism. The population was relatively well educated, the industrial and agricultural bases were strong, and levels of infrastructure were impressive. However, in less than two decades, Zimbabwe was mired in a deep political and economic crisis. Towards the end of its third decade of independence, the economy had collapsed and the country had been transformed into a repressive state. How can we make sense of this decline? How can we explain the lost decade that followed? Can the explanation be reduced to the authoritarian leadership of Robert Mugabe and role of ZANU-PF? Or was something defective about in the institutions through which the state has exercised its authority? Or was it the result of imperialism, the West and sanctions? Zimbabwes Lost Decade draws on Lloyd Sachikonyes analyses of political developments over the past 25 years. It offers a critique of leadership, systems of governance, and economic strategies, and argues for democratic values and practices, and more broad-based participation in the development process.
Download or read book Hyperinflation written by He Liping and published by Routledge. This book was released on 2017-10-03 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1970s when the world was experiencing an "age of inflation", a great volume of academic research about hyperinflation has been conducted. However, it is also true that parrot-like superficial talks abound, without questioning the economic, political and social foundations existing underneath the economic phenomenon. Based on research results of contemporary economists, media reports and historical works, this book will be the most comprehensive narrative of all major events of hyperinflation worldwide from the turn of the first millennium to the mid-2010s. Firstly, it gives a brief illustration of the basic concepts of hyperinflation, starting with the definitions and price measurement. Then it traces and analyzes all major episodes of hyperinflation that occurred over the past two thousand years or so, from the earliest incidence to the four tidal waves in the 20th century, and to the three latest episodes in the 21st century. Using basic concepts in modern finance such as indexation and dollarization, this book explains why hyperinflation in some countries could explode into astronomical levels, while rhythms of hyperinflation in the 20th century world are in resonance of megatrends in world economy and politics. Finally, this book underscores the importance of policy making, institutional building and international relations in the process of hyperinflation and stabilization. Scholars and students studying money and finance, economic history, international finance and economics will be attracted by this book.
Download or read book From Antagonism to Re engagement written by Richard Kamidza and published by African Books Collective. This book was released on 2017-07-19 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book interrogates the European Union (EU) - Zimbabwe Economic Partnership Agreement (EPA) negotiations, covering trade in goods, trade-related rules and development cooperation. The negotiations coincided with EUs motives as the dominant development partner, and Zimbabwes state-stakeholder fault-lines, creating dilemmas in the pursuit of a fair EPA outcome. As a result, the economically weak Zimbabwe signed and ratified an asymmetrical interim EPA (iEPA) with an economically powerful EU in 2009 and 2012, respectively. Meanwhile, direct bilateral re-engagement which eluded the Government of National Unity (GNU), became real following ZANU-PF landslide victory on 31 July 2013, that sufficiently altered the power balance to trigger the process between the former nemesis in support of iEPA domestication, and social and economic development. ZANU-PF government stopped blaming the EU and other western nations for the countrys continued economic underperformance, signaling a softening approach on its part. Similarly, the EU and its member states softened its perception on ZANU-PF leadership leading to resumption and intensification of re-engagement despite failure to implement the Global Political Agreement-related constitutional and democratic reforms, agreed by GNU. This re-engagement was firmly endorsed when the EU and Zimbabwe signed an agreement in July 2015 to normalise bilateral relations and start cooperation.
Download or read book Alternative Monetary Regimes written by Colin Dearborn Campbell and published by . This book was released on 1986 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chad written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-09-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.
Download or read book Regional Economic Outlook October 2017 Sub Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-11-27 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth in sub-Saharan Africa has recovered relative to 2016, but the momentum is weak and per capita incomes are expected to barely increase. Further, vulnerabilities have risen in many countries, adding to the urgency of implementing the fiscal consolidations planned in most countries and with stepped up efforts to strengthen growth.
Download or read book Regional Economic Outlook October 2016 Sub Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2016-10-25 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in sub-Saharan Africa this year is set to drop to its lowest level in more than 20 years, reflecting the adverse external environment, and a lackluster policy response in many countries. However, the aggregate picture is one of multispeed growth: while most of non-resource-intensive countries—half of the countries in the region—continue to perform well, as they benefit from lower oil prices, an improved business environment, and continued strong infrastructure investment, most commodity exporters are under severe economic strains. This is particularly the case for oil exporters whose near-term prospects have worsened significantly in recent months. Sub-Saharan Africa remains a region of immense economic potential, but policy adjustment in the hardest-hit countries needs to be enacted promptly to allow for a growth rebound.
Download or read book The Land Reform Deception written by Charles Laurie and published by Oxford University Press. This book was released on 2016-03-01 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Land Reform Deception looks at a particularly contentious period in Zimbabwe's recent history, from 2000-2008, when the government seized commercial farms using illegal and violent methods against a largely unarmed population of farmers and farm workers. Robert Mugabe's government began the seizures on a small, targeted scale in an effort to suppress political opposition groups, but they soon escalated into an out-of-control frenzy targeting all farms in the country. The state claimed that the seizures occurred in response to a public cry for land redistribution and to rectify colonial-era injustices, and were part of a structured land reallocation program. Yet, land was often distributed ad hoc to those with little or no farming experience. As a result, agricultural output contracted and inflation and unemployment rose dramatically in what became a social and economic disaster for the country. In The Land Reform Deception, Charles Laurie asks why the state would target its own agricultural industry using such violent methods and risk such dire consequences. He also seeks to uncover the major actors and their motivations and strategies. Laurie argues that the seizure of the most valuable farms was largely carried out by politically influential individuals for financial and political gain, rather than to address historical injustices. In fact, he finds that the scale on which the farm invasions were carried out and the violent methods used were never part of a planned government land policy. Indeed, Laurie shows that Mugabe initially opposed the seizures, knowing that they would wreck the economy, only to later support them in order to appease his supporters and retain political power. Incorporating unprecedented empirical evidence gathered from in-depth interviews with senior politicians, members of the secretive Central Intelligence Organization, the military and police, along with farmers and farm workers who were targeted during the invasions, The Land Reform Deception strips away official explanations and delves into the political and economic drivers that triggered the seizure of commercial farms in Zimbabwe.
Download or read book African whispers written by and published by Neili Belhassen. This book was released on 2014-11-23 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is the hidden piece of the global puzzle, the poli-economic laboratory of strategies, the component of the global capital letters to ensure a minimum balance in matters of planetary strategy, Africain vocation of being an emergent continent is a bound to find the best tools for the south-North cooperation in order to recover some of the "know-how" developed by the baby countries that reaches the part of a good redeployment within Africa, which already represent a reflection but not a resolution at least in this transitional world phase. the Contract-Resources of the economic pirates who excelled well over a hundred and fifty years,now, is it time to pull the rug out ?
Download or read book Regional Economic Outlook October 2013 Sub Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-10-31 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The October 2013 Regional Economic Outlook: Sub-Saharan Africa provides a comprehensive report on the prospects for growth in the region, as well as the major risks to the outlook. Generally, growth is expected to remain strong despite a downward revision since the May 2013 report. The report analyzes drivers of growth in nonresource-rich sub-Saharan African countries, and examines the risks to frontier market economies of volatile capital flows as they become more integrated with international capital markets.
Download or read book Regional Economic Outlook April 2014 Sub Saharan Africa written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-04-24 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for specific countries. The reports include key data for countries in the region. Each report focuses on policy developments that have affected economic performance in the region, and discusses key challenges faced by policymakers. The near-term outlook, key risks, and their related policy challenges are analyzed throughout the reports, and current issues are explored, such as when and how to withdraw public interventions in financial systems globally while maintaining a still-fragile economic recovery.These indispensable surveys are the product of comprehensive intradepartmental reviews of economic developments that draw primarily on information the IMF staff gathers through consultation with member countries.
Download or read book Regional Economic Outlook April 2012 Sub Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2012-05-14 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.
Download or read book Bridging the Academia Industry Divide written by Wilson R. Nyemba and published by Springer Nature. This book was released on 2021-05-12 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the result of years of research following a realization of the mismatch of engineering skills produced by universities and those that industry required, based on the situation in Sub-Saharan Africa, equally applicable to other regions in Africa and indeed worldwide. The book is meant to assist engineering academics and engineers in industry to build capacity and cope with the dynamic trends in technology brought on by the 4th Industrial Revolution and to prepare for the 5th Industrial Revolution, an era predicted to be dominated by critical and system thinkers with creative and innovative skills as basic necessities. The book is also useful for policy-making researchers in academia, industrial and public sector researchers, and implementers in governments that provide required funding for the development of human resources and skills. The book primarily consists of the novel research and innovation approaches of modelling and building systems thinking sub-models which were ultimately integrated into the Universal Systems Thinking (UST) model aimed at improving the quality of engineers and engineering practice. The initiatives in this book include strategies for bridging the gap between industry and academia through systems thinking research. The book provides information on how to model, simulate, adjust and implement integrated systems thinking approaches to engineering education and training for capacity building and sustainability. The book also covers approaches to address research gaps and mismatch of skills while capitalizing on the successes of several projects carried out and supported by the Royal Academy of Engineering over the years.
