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Macroeconomic Policy Reforms And Agriculture: Towards Equitable Growth In Zimbabwe

Author

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  • Bautista, Romeo M.
  • Thomas, Marcelle
  • Muir-Leresche, Kay
  • Lofgren, Hans

Abstract

This report investigates the income and equity effects of macroeconomic policy reforms in Zimbabwe, emphasizing linkages between macroeconomic policies and agricultural performance and agriculture's influence on aggregate income and its distribution. Analyses focus on reform of the foreign trade regime, public expenditure, and tax policy, along with the potential benefits of combining these structural changes with various land reform scenarios. The study uses a CGE model that provides a policy simulation laboratory in which exogenous policy changes are analyzed for their economywide income and equity effects. The report highlights the need for policy complementarities in Zimbabwe that can contribute to equitable growth. It should be of interest not only to those concerned with recent economic developments in Zimbabwe but also to those concerned with the broader issues of macroeconomic reform and its ultimate effects.

Suggested Citation

  • Bautista, Romeo M. & Thomas, Marcelle & Muir-Leresche, Kay & Lofgren, Hans, 2002. "Macroeconomic Policy Reforms And Agriculture: Towards Equitable Growth In Zimbabwe," Research Reports 16521, CGIAR, International Food Policy Research Institute (IFPRI).
    • Handle: RePEc:ags:iffp21:16521
    DOI: 10.22004/ag.econ.16521
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    2. Masakure, Oliver & Henson, Spencer, 2005. "Why do small-scale producers choose to produce under contract? Lessons from nontraditional vegetable exports from Zimbabwe," World Development, Elsevier, vol. 33(10), pages 1721-1733, October.
    3. Nicholas Kilimani, 2014. "Water Taxation and the Double Dividend Hypothesis," Working Papers 201451, University of Pretoria, Department of Economics.
    4. Juana, James S. & Kirsten, Johann F. & Strzepek, Kenneth M., 2006. "Inter-sectoral Water Use in South Africa: Efficiency Versus Equity," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25486, International Association of Agricultural Economists.
    5. Julius MUKARATI & Godswill MAKOMBE, 2017. "Modeling the Distributive Effects of an Agricultural Shock on Household Income in South Africa: A Sam Multiplier Decomposition and Structurel Path Analysis," Journal of Economics Bibliography, KSP Journals, vol. 4(1), pages 43-55, March.
    6. Juana, James S., 2006. "A quantitative analysis of Zimbabwe's land reform policy: An application of Zimbabwe SAM multipliers," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 45(3), pages 1-25, September.
    7. Sharawi, Huda Abdelwahab, 2006. "Optimal land-use allocation in central Sudan," Forest Policy and Economics, Elsevier, vol. 8(1), pages 10-21, January.
    8. Juana, James S. & Mabugu, Ramos E., 2005. "Assessment of smallholder's agriculture's contribution to the economy of Zimbabwe: A social accounting matrix multiplier analysis," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(3), pages 1-19, September.
    9. AlShehabi, Omar Hesham, 2013. "Modelling energy and labour linkages: A CGE approach with an application to Iran," Economic Modelling, Elsevier, vol. 35(C), pages 88-98.
    10. Mahofa, Godfrey, 2007. "Economic Analysis of Factors Affecting Cotton Production In Zimbabwe," Research Theses 134490, Collaborative Masters Program in Agricultural and Applied Economics.

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