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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Tác giả của công ty: International Monetary Fund
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2001.
Loạt:IMF Staff Country Reports; Country Report ; No. 2001/013
Truy cập trực tuyến:Full text available on IMF
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245 1 0 |a Zimbabwe :   |b Recent Economic Developments, Selected Issues, and Statistical Appendix. 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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. 
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