Zimbabwe : 2001 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Zimbabwe and Statement by the Authorities of Zimbabwe.

This 2001 Article IV Consultation highlights that Zimbabwe's economic crisis has continued to deepen. The deterioration has mainly been the result of inappropriate macroeconomic policies and a general breakdown in the rule of law in the context of the government's fast-track land reform pr...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Staff Country Reports; Country Report ; No. 2002/125
Accesso online:Full text available on IMF
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520 3 |a This 2001 Article IV Consultation highlights that Zimbabwe's economic crisis has continued to deepen. The deterioration has mainly been the result of inappropriate macroeconomic policies and a general breakdown in the rule of law in the context of the government's fast-track land reform program launched in early 2000. This deterioration has undermined investor confidence, contributed to the rise in unemployment, destroyed capital, and eroded institutions important for economic development, thereby darkening the longer-term outlook. Real GDP is projected to contract by 8 1\2 percent in 2001. 
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