Zimbabwean Trade Liberalisation: Ex Post Evaluation
AbstractThe recent trade liberalization in Zimbabwe offers an opportunity of understanding short-run adjustment responses to reform. The immediate experience involved contraction in output and employment, a consumption boom, the inflow of imports, and a rising trade deficit. The analytical challenge is to disentangle the effects of liberalization from the serious drought that coincided with it. An economywide CGE model is used for counterfactual experiments. The opening-up of final goods markets is shown to contribute to deindustrialization and contraction. Copyright 1998 by Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Cambridge Journal of Economics.
Volume (Year): 22 (1998)
Issue (Month): 3 (May)
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- Balogun, Emmanuel Dele & Dauda, Risikat O. S., 2012. "Poverty and employment impact of trade liberalization in Nigeria: empirical evidence and policy implications," MPRA Paper 41006, University Library of Munich, Germany, revised 05 Sep 2012.
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Working Papers MPIA
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- Mehlum, Halvor, 2002. "Zimbabwe: Investments, credibility and the dynamics following trade liberalization: on the investment response during trade reform," Economic Modelling, Elsevier, vol. 19(4), pages 565-584, August.
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