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Kutoka Kutoka (1988)
Supply Response Of Communal Producers in ZimbabweZimbabwe Journal of Economics, 2
R. Green, Xavier Kadhani (1986)
Zimbabwe: transition to economic crises, 1981-1983: retrospect and prospectWorld Development, 14
Dornbusch Dornbusch (1973)
Devaluation, Money and Non–Traded GoodsAmerican Economic Review, 63
Kayizzi‐Mugerwa Kayizzi‐Mugerwa, Bigsten Bigsten (1992)
On Structural Adjustment in UgandaCanadian Journal of Development Studies, Vol. XIII
Davies Davies, Moyo Moyo (1988)
Dimensions Of Africa's Economic CrisisZimbabwe Journal Of Economics, 2
Abstract: At independence, Zimbabwe was faced with the dilemma of redressing the inherited inequalities while, at the same time, ensuring continued expansion of the economy, to provide employment to the increasing labour force. The implied frictions were exemplified by large budget deficits, accumulated in a bid to extend social services to the countryside, but keeping urban consumer subsidies intact, and tight controls on the external sector, in order to ensure the continued viability of the import‐substituting industry. Though Zimbabwe's economic performance was better than that of its neighbours, the control regime was coming under tremendous pressure at the end of the 1980s. The paper attempts to put these challenges into a consistent macroeconomic perspective. Résumé: A l'indépendance le Zimbabwe était confronté au dilemne de redresser les inégalités dont il a hérité, tout en veillant en meme temps à l'expansion continue de l'économie, pour assurer du travail à la main d'œuvre croissante. Les frictions que cela impliquait ont été mises en évidence par d'importants déficits budgétaires cumulés dans une tentative pour étendre les services sociaux à la campagne, mais en conservant intactes les subventions des consommateurs urbains et des contrôles serrés sur le secteur exterieur pour assurer, la rentabilité de l'industrie de substitution des importations. Bien que la performance économique du Zimbabwe ait été meilleure que celle de ses voisins, le régime du contrôle subissant une énorme pression à la fin des années 1980. Ce document essaie de placer ces déficits dans une perspective macroéconomique cohérente.
African Development Review – Wiley
Published: Jun 1, 1991
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