The central scope of the evaluation is the Commission’s co-operation strategy with the region of Eastern and Southern Africa and the Indian Ocean (ESA-IO) and its implementation for the period 1996-2007 with the objective of: -providing the European Commission’s relevant external cooperation...

Zimbabwe has currently the highest rate of inflation in the world (an annual rate of 1,730 percent in February, 2007). The high rates of inflation have contributed to the contraction of the economy, which has declined by about 30 percent since 1999. This paper examines the stabilization...