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This paper examines the challenges and policy options after hyperinflation in Zimbabwe. The paper reviews the pros and … cons of alternative monetary regimes for Zimbabwe to succeed the current multicurrency system, which the authorities …. The paper also assesses competitiveness and external sustainability in debt-distressed Zimbabwe. It also makes a case for …
Persistent link: https://www.econbiz.de/10014401597
This paper looks at the question of adequacy of reserves in sub-Saharan African countries in light of the shocks faced by these countries. Literature on optimal reserves so far has not paid attention to the particular shocks facing low-income countries. We use a two-good endowment economy model...
Persistent link: https://www.econbiz.de/10014401389
Growth in much of Sub-Saharan Africa is expected to remain strong, driven by efforts to invest in infrastructure and strong agricultural production. The current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries. External...
Persistent link: https://www.econbiz.de/10014411634