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Selective Policy

Shaking Out or Shaking In: The Impact of Zimbabwe's Economic Crisis on the Country's Manufacturing Sector Allocative Efficiency

Nicholas Masiyandima & Lawrence Edwards
Zimbabwe had one of the world's worst economic crises from the late 1990s to 2009. The crisis encompassed a nancial sector crisis, severe adverse investment and demand shocks and idiosyncratic rm and industry interventions by government. On the basis of the resource misallocation hypothesis, the...
Jun 2018
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