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Zimbabwe Recent Economic Developments, Selected Issues, and Statistical Appendix

The combination of wavering domestic policies, governance problems, and costly deployment of troops to support the Democratic Republic of Congo government has seriously affected economic performance and investor confidence. Exchange rate policy continues to be a key issue in Zimbabwe. This paper con...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2001
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Government And The Monetary System
Payment Systems
Investments, Foreign
Tariffs
Tariff
Banks
International Trade Organizations
Public Finance & Taxation
Banks And Banking
Regimes
Monetary Economics
Taxes
Trade Policy
Micro Finance Institutions
Long-term Capital Movements
External Position
Currency
Exports And Imports
Mortgages
International Economics
Money
Foreign Assets
Foreign Exchange
Standards
Currencies
Monetary Systems
Banking
Real Exchange Rates
Exchange Rates
Taxation
Money And Monetary Policy
International Investment
Zimbabwe
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The combination of wavering domestic policies, governance problems, and costly deployment of troops to support the Democratic Republic of Congo government has seriously affected economic performance and investor confidence. Exchange rate policy continues to be a key issue in Zimbabwe. This paper conducted an empirical analysis of the determinants of the equilibrium real exchange rate (ERER) for Zimbabwe. The results show that the overvaluation in Zimbabwe is sensitive to lax fiscal policy, suggesting that devaluation needs to be underpinned by a tightening of fiscal policy
Physical Description:84 pages
ISBN:9781451841466

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