Economic Decline of Zimbabwe

Neither Growth nor Equity

AvJ. Knight

Inbunden, Engelska, 2001

Del i serien Studies on the African Economies Series

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Beskrivning

When Zimbabwe achieved political independence, its new majority government set itself the dual objectives of economic growth and redistribution of resources, neither of which were achieved. The seeds of economic decline were sown soon after independence in unsustainably high government spending, which was financed by private savings, stifling private investment and inhibiting employment creation. The burden of adjustment was borne disproportionately by the rural poor, who fared worse than those already in urban employment. Zimbabwe's experience provides valuable lessons for countries struggling with the trade offs between growth-orientated and redistributive policies.

Produktinformation

Utgivningsdatum:2001-12-17
Mått:138 x 216 x 26 mm
Vikt:626 g
Format:Inbunden
Språk:Engelska
Serie:Studies on the African Economies Series
Antal sidor:345
Upplaga:2001
Förlag:Palgrave Macmillan
ISBN:9780333970270

Utforska kategorier

Ekonomisk politik inom Ekonomi och Ledarskap

Mer om författaren

CAROLYN JENKINS works at the Centre of the Study of African Economies at the University of Oxford and at the Centre for Research into Economics and Finance in Southern Africa, London School of Economics.JOHN KNIGHT is Professor and Head of the Department of Economics at the University of Oxford. A founder member of the Centre for Study of African Economies, he has written extensively on human resource and labour market issues in Africa and elsewhere.

Innehållsförteckning

Preface List of Tables List of Figures Introduction and Overview: C.Jenkins & J.Knight The Politics of Economic Policymaking After Independence; C.Jenkins Zimbabwe's Growth Performance; C.Jenkins Redistribution and Rural Welfare; C.Jenkins Economic Objectives, Public Sector Deficits and Macroeconomic Stability; C.Jenkins Money Demand and Stabilization; C.Jenkins Economic Policy and Investment; C.Jenkins Labour Market Policies and Outcomes; J.Knight Lessons from Zimbabwe's Experience; C.Jenkins & J.Knight References Index