Macroeconomic and Structural Adjustment Policies in Zimbabwe

by Clever Mumbengegwi

Overview

The policy relevant analysis of this volume examines nearly twenty years of Zimbabwe's macroeconomic and structural adjustment experiences since independence. Part One analyses the impact on economic growth, inflation, employment and labour markets. Part Two deals with financial liberalization, and the financial turmoil and currency crisis experienced in the wake of reforms. Part Three examines trade liberalization and its impact on investment and income distribution. Part Four gives sectoral perspectives on the agricultural, manufacturing and health sectors.

Product Details

ISBN-13:	9780333801772
Publisher:	Palgrave Macmillan UK
Publication date:	12/28/2001
Series:	International Political Economy Series
Edition description:	2002
Pages:	308
Product dimensions:	5.51(w) x 8.50(h) x 0.04(d)
Lexile:	1480L (what's this?)

About the Author

HANS BJUREK Senior Lecturer, Department of Economics, Goteborg University, Sweden
MARGARET CHITIGA-MABUGU Lecturer, Department of Economics, University of Zimbabwe
DICK DUREVALL Assistant Professor, Department of Economics, Goteborg University, Sweden
JAMES GORDON Deputy Division Chief, Asia and Pacific Department at the IMF
PHINEAS KADENGE Lecturer, Department of Economics, University of Zimbabwe
JOHN KNIGHT Professor of Economics, Centre for the Study of African Economies, University of Oxford
RAMOS MABUGU Lecturer, Department of Economics, University of Zimbabwe
HALVOR MEHLUM Researcher, Frisch Centre of Economic Research, University of Oslo
CHANDIMA MENDIS Economist, University of Oxford
GLADYS MUTANGADURA Formerly Lecturer, University of Zimbabwe
DANIEL B. NDLELA
OBERT NYAWATA Zimbabwean Economist, International Monetary Fund
MUDZIVIRI NZIRAMASANGA Associate Professor of Economics, Washington State University
JØRN RATTSØ Professor of Economics, Norwegian University of Science and Technology
PETER ROBINSON Economic Consultant, Zimbabwe
RAGNAR TORVIK Associate Professor, Department of Economics, Norwegian University of Science and Technology
LEE MIN SOO Assistant Professor, Economics Department, Washington State University

Table of Contents

List of Tables List of Figures List of Abbreviations and Acronyms List of Contributors Preface PART I: INTRODUCTION AND OVERVIEW Macroeconomic and Adjustment Policies since Independence: An Introduction and Overview; C.Mumbengegwi & R.Magubu PART II: MACROECONOMIC POLICY AND PERFORMANCE Macroeconomic Performance under Structural Adjustment: An Essay on Latrogenic Effects; P.Robinson Distributive Policies and Economic Growth; M.T.Nziramasanga & L.M.Soo Inflation During Structural Adjustment; D.Durevall & P.Kadenge Labour Market Policies and Outcomes; J.Knight PART III: FINANCIAL LIBERALIZATION, MONETARY POLICY AND CURRENCY CRISIS Financial Liberalization and Monetary Policy; O.Nyawata & C.Mumbengegwi From Liberalization to Financial Crisis; C.Mendis The Crisis in Asia: Are there Lessons for Zimbabwe?; J.Gordon PART IV: TRADE LIBERALIZATION Macroeconomic Imbalances, Adjustment Reforms and Sustainability: A CGE Model Simulation; R.Mabugu Trade Liberalization and Investment Response in Zimbabwe; J.Rattsø, R.Torvik & H.Mehlum Income Distribution Effects of Trade Liberalization: A CGE Analysis; M.Chitiga-Mabugu PART V: SECTORAL PERSPECTIVES Macroeconomic Policy Impacts on Aggregate Agricultural Performance; C.Mumbengegwi Macroeconomic Policies and the Manufacturing Sector; H.Bjurek, D.Durevall & D.B.Ndlela Macroeconomic Policies and the Health Sector; G.Mutangadura Subject Index Author Index