Economic management in a hyperinflationary environment: the political economy of Zimbabwe, 1980-2008
Saved in:
| Other Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Oxford
Oxford University Press
2016
|
| Edition: | First Edition |
| Subjects: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028779260&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028779260&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| Physical Description: | xx, 554 Seiten Diagramme |
| ISBN: | 9780198747505 |
Staff View
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| adam_text | Contents
b
List of Figures ix
List of Tables xiii
List of Contributors xvii
INTRODUCTION
1. The Political Economy and Evolution of Development
Policy in Zimbabwe 3
George Kararach, Raphael O. Otieno, and Tiviniton Makuve
PART I: OVERVIEW OF THE CRISIS
2. Pre-Crisis Macroeconomic Performance and Triggers of the
Economic Crisis in Zimbabwe 23
Arnold M. Chidakwa and Gibson Chigumira
PART II: PRODUCTIVE SECTOR PERFORMANCE
3. Response of the Manufacturing Sector to the Zimbabwe
Economic Crisis 55
Cornelius Dube and Erinah Chipumho
4. The Performance of the Tourism Sector in Zimbabwe during
the 2000-08 Economic Crisis 85
Sanderson Abel and Evengelista Mudzonga
5. Experiences in the Zimbabwe Hotel Industry during
Hyperinflation 106
Miriam Mugwati, Doreen Nkala, and Eukeria Mashiri
6. The Impact of Hyperinflation on the Agriculture Sector:
Lessons from Zimbabwe, 1998-2008 125
Brighton Shayanewako, Elson Chuzu, and Adonis Tafirenyika Ntuli
PART III: BANKING, CAPITAL MARKETS,
AND FINANCIAL SERVICES
7. Bank Failures in Zimbabwe: Evidence and Lessons, 2000-09 139
Jonathan Tembo
8. Operations, Regulation, and Practices of the Zimbabwe Stock
Exchange during the Hyperinflationary
Period, 2000-08 157
Sehliselo Mpofu and Jecob Nyamadzawo
9. Stock Market Returns and Hyperinflation in Zimbabwe, 1998-2008 199
Nyasha Mahonye and Leonard Mandishara
Contents
10. The Pension Fund Industry Experiences during Hyperinflation 213
Desire T. Mutsawu and Davison Sarawoi
PART IV: MONETARY POLICY AND PUBLIC
FINANCIAL MANAGEMENT
11. Zimbabwe Monetary Policy, 1998-2012: From Hyperinflation to
Dollarization 249
Mark /. Ellyne and Michael R. Daly
12. Relegating the Core Business: The Case of the Reserve Bank
of Zimbabwe Undertaking Quasi-Fiscal Activities, 2000-08 290
Leonard Mandishara and David Mupamhadzi
13. Management of Public Debt in Zimbabwe During the
Hyperinflationary Period 305
Jecoh Nyamadzawo and Bothwell Nyajena
14. Monetary Policy Formulation and Implementation in a
Hyperinflationary Environment: The Case of Zimbabwe, 2000-08 336
Gladys Shumbambiri
PART V: SOCIAL DIMENSIONS OF THE CRISIS
15. The Impact of Human Capital Losses in Zimbabwe: A Focus
on the Public Sector for the Crisis Period, 2000-08 379
Tawanda Chinembiri
16. The Social Protection Policy Responses in the Primary
and Secondary Education Sector during the Crisis Period 403
Evengelista Mudzonga
17. The Health Sector’s Response to the Impact of Hyperinflation: The
Case of Zimbabwe 428
Shepard Mutsau
18. Social Challenges of Hyperinflation: A Case of Health
and Education in Zimbabwe, 2000-08 441
Sanderson Abel
19. Health Care Finance and Health Outcomes during Zimbabwe’s
Economic Crisis 465
Nicholas Masiyandima
PART VI: CONCLUDING REMARKS
20. Development Policy and Managing Shocks in Developing
Countries; Lessons on Currency Reform in Zimbabwe 497
George Kararach
Index
539
This book is a collection of extremely intellectually stimulating essays.These essays are
candid, balanced, and informative of the challenges that Zimbabwe faced during the period
1980-2008.They call our attention to the importance of strategic thinking in economic
management under shocks.This book is a must read for anyone who plays in the space
of management and economic development, particularly both in Zimbabwe, and
th ro ugh o ut Afr i ca.’
Professor Margaret Chitiga-Mabugu, Director and Head of School, School of Public
Management and Administration (SPMA), Faculty of Economics and Management Sciences,
University of Pretoria
This is an important work which should not be ignored by those with policy, planning, and
research responsibilities for economic and political development. It’s a rich resource for
those in government, academia, development agencies, and the diplomatic field.’
Donald P. Chimanikire, Chairman, Dept, of Political and Administrative Studies,
University of Zimbabwe
‘Beginning with Phillip Cagan’s pioneering work, the study of hyperinflations in economics
has largely been confined to the monetary and macroeconomic aspects of such inflation.
Economic Management in a Hyperinflationary Environment breaks new ground by examining
the mutual dependence between sustained hyperinflation on the one hand and productiv-
ity, banking, monetary, and public finance management, and social institutions on the other.
As such this is a path-breaking study with implications for countries beyond Zimbabwe.
The distinguished editors and authors have produced a first-rate volume which will have
wide appeal among applied economists.’
Raghbendra Jha, Head, Arndt-Corden Department of Economics and Rajiv Gandhi
Professor of Economics, Australian National University
This volume provides an accessible and up-to-date account of the difficulties
that the Zimbabwean economy and its population experienced during the crisis that
peaked in 2008. It details the suffering and chaos that befell the country with dramatic
socio-economic consequences on growth, macroeconomic stability, service delivery,
livelihoods, and developmentThe volume seeks to provide a political economy analysis
of leadership and economic management in developing economies based on Zimbabwe’s
experience. It examines the triggers of the crisis, and the negative impact on productive
sectors such as manufacturing and agriculture, social sectors such as education and health,
and on financial services.The volume will be of interest to students of policy and economic
management,as well as to government departments, central banks in developing countries,
development agencies, donors, and NGOs.
Jacket image: © Shutterstock
ISBN 978-0-19-874750-5
|
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| id | DE-604.BV043360015 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T17:34:28Z |
| institution | BVB |
| isbn | 9780198747505 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028779260 |
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| physical | xx, 554 Seiten Diagramme |
| publishDate | 2016 |
| publishDateSearch | 2016 |
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| publisher | Oxford University Press |
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| spellingShingle | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 Includes bibliographical references and index Wirtschaftspolitik (DE-588)4066493-4 gnd |
| subject_GND | (DE-588)4066493-4 (DE-588)4049850-5 |
| title | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 |
| title_auth | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 |
| title_exact_search | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 |
| title_full | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 edited by George Kararach and Raphael O. Otieno |
| title_fullStr | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 edited by George Kararach and Raphael O. Otieno |
| title_full_unstemmed | Economic management in a hyperinflationary environment the political economy of Zimbabwe, 1980-2008 edited by George Kararach and Raphael O. Otieno |
| title_short | Economic management in a hyperinflationary environment |
| title_sort | economic management in a hyperinflationary environment the political economy of zimbabwe 1980 2008 |
| title_sub | the political economy of Zimbabwe, 1980-2008 |
| topic | Wirtschaftspolitik (DE-588)4066493-4 gnd |
| topic_facet | Wirtschaftspolitik Simbabwe |
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