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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
curtailed access to foreign financing in Zimbabwe. The new economic team has taken steps in devaluing the currency and raising … strong policies, backed by a broad domestic consensus, will help restore Zimbabwe's status as an anchor of stability and …
Persistent link: https://www.econbiz.de/10014398957
This paper discusses Zimbabwe’s request for targeted lifting of the suspension of fund technical assistance. Zimbabwe … political commitment and to strengthen technical capacity. The Zimbabwe authorities have expressed their commitment to improve …
Persistent link: https://www.econbiz.de/10014407696
The paper presents a model of fiscal dominance with borrowing constraints, and provides evidence for a large number of sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the dynamic response of inflation to different shocks,...
Persistent link: https://www.econbiz.de/10014401393
There are 22 countries in Sub-Saharan Africa (SSA) with floating exchange rate regimes, de jure. Some target the money supply or the inflation rate; others practice ""managed floating."" Statistical analysis on monthly data for the past decade reveals that in most cases these exchange rate...
Persistent link: https://www.econbiz.de/10014398650
This paper sets out an implementation plan that responds to the IEO report on the Fund and Aid to Sub-Saharan Africa (the IEO Report). It sets out the recommendations made in the IEO Report and the view of the Executive Board on them (Section II), and outlines the various work streams that are...
Persistent link: https://www.econbiz.de/10014409855