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Economic Performance and Policy Adjustment: The Experience of Zimbabwe

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  • Shapouri, Shahla
  • Missiaen, Margaret

Abstract

Zimbabwe's economy faces a number of external and internal challenges in the 1990's, which will determine its future well being. Among the external factors is the rate of growth of the industrial countries. Economic conditions in these countries largely determine global demand. Internal policy adjustments can provide adequate flexibility to the economy to overcome the external pressures and achieve sustained economic growth. Zimbabwe's policy, adjustments in the 1980's improved its trade and current account balances, from deficits in the early 1980's to surpluses by 1987 and 1988.

Suggested Citation

  • Shapouri, Shahla & Missiaen, Margaret, 1991. "Economic Performance and Policy Adjustment: The Experience of Zimbabwe," Staff Reports 278546, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278546
    DOI: 10.22004/ag.econ.278546
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    References listed on IDEAS

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    1. Ichiro Otani & Delano Villanueva, 1989. "Theoretical Aspects of Growth in Developing Countries: External Debt Dynamics and the Role of Human Capital," IMF Staff Papers, Palgrave Macmillan, vol. 36(2), pages 307-342, June.
    2. International Monetary Fund, 1989. "Private Investment and Economic Growth in Developing Countries," IMF Working Papers 1989/060, International Monetary Fund.
    3. International Monetary Fund, 1989. "Inflation in African Countries: General Issues and Effecton the Financial Sector," IMF Working Papers 1989/086, International Monetary Fund.
    4. Khan, Mohsin S. & Reinhart, Carmen M., 1990. "Private investment and economic growth in developing countries," World Development, Elsevier, vol. 18(1), pages 19-27, January.
    5. International Monetary Fund, 1988. "Theoretical Aspects of Growth in Developing Countries: External Debt Dynamics and the Role of Human Capital," IMF Working Papers 1988/054, International Monetary Fund.
    6. Edward K. Y. Chen, 1979. "Hyper-growth in Asian Economies," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-04251-7, December.
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    Cited by:

    1. Shapouri, Shahla & Missiaen, Margaret & Rosen, Stacey, 1992. "Food Strategies and Market Liberalization in Africa: Case Studies of Kenya, Tanzania, and Zimbabwe," Staff Reports 278674, United States Department of Agriculture, Economic Research Service.

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