Foreign Capital Flows and the Export Led Growth Strategy in Zimbabwe: Capital Flows and Growth in Zimbabwe,Used

Foreign Capital Flows and the Export Led Growth Strategy in Zimbabwe: Capital Flows and Growth in Zimbabwe,Used

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Zimbabwe adopted the Bretton Woodstype reform strategy at the end of 1991. These reforms were targeted at achieving rapid and sustainable growth. Export expansion was at the center of the overall strategy and was predicated on a more efficient resource allocation system that entailed trade liberalization and improved international competitiveness of domestic production through increased inflows of foreign capital. This study explores the general equilibrium implications of the policy changes and also applies econometric analysis to test the longterm relationships between FDI, exports and growth. The results confirm that both FDI and exports cause growth. However, exports have a weak causal effect on growth. This result is explained by the fact that the inwardlooking policies that have been in place during the relevant period made export production a residual activity. The general equilibrium analysis reveals that combining tariff reductions and targeted investment incentives had a more desired effect on economic performance than separately applying such policies. This result strongly suggests the importance of policy complementarity.

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Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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