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Evolution of Zimbabwe’s economic tragedy: a chronological review of macroeconomic policies and transition to the economic crisis
Ndlela, Thandinkosi - Volkswirtschaftliche Fakultät, … - 2011
This paper chronicles Zimbabwe’s macroeconomic policies and economic development trends from the post independence … of Zimbabwe’s post-2000 economic tragedy. A key insight from the review is that despite what seemed to be concerted … economic tragedy. Hence in retrospect, the review concludes that the post-independence government in Zimbabwe never succeeded …
Persistent link: https://www.econbiz.de/10009203624
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Implications of real exchange rate misalignment in developing countries: theory, empirical evidence and application to growth performance in Zimbabwe
Ndlela, Thandinkosi - Volkswirtschaftliche Fakultät, … - 2010
relationship between real gross domestic product growth and real exchange rate misalignment for Zimbabwe. After controlling for … exchange rate overvaluation was a key fundamental behind the post-2000 economic growth contraction in Zimbabwe. …
Persistent link: https://www.econbiz.de/10009203634
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Институциональная интерпретация экономических циклов
Kaluzhsky, Mikhail - Volkswirtschaftliche Fakultät, … - 2013
Article on the causes, dynamics of development and institutional forms of economic cycles. We study the institutional patterns associated with the formation, development and completion of economic cycles from the standpoint of an exogenous approach. The author proves the thesis about the...
Persistent link: https://www.econbiz.de/10011111926
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La crisis económica actual, una visión desde la economía política
Sergio, Reuben - Volkswirtschaftliche Fakultät, … - 2009
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005025710
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La crisis económica actual: una visión desde la economía política
Sergio, Reuben - Volkswirtschaftliche Fakultät, … - 2009
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005105673
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Real Output and Prices Adjustments under Different Exchange Rate Regimes
Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2013
Exchange rate regimes evolution in the European transition economies refers to one of the most crucial policy decision in the beginning of the 1990s employed during the initial stages of the transition process. During the period of last two decades we may identify some crucial milestones in the...
Persistent link: https://www.econbiz.de/10011259924
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Macroeconomic Aspects of Real Exchange Rate Volatility in the Central European Countries
Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2012
Exchange rate unexpected fluctuations determine economic development of countries the way quite similar to any other type of exogenous shocks. Unpredicted volatility in exchange rate short-run path affects macroeconomic performance the way that may be a subject of academic as well as economic...
Persistent link: https://www.econbiz.de/10011107290
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Pension savings and economic growth
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2012
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot be achieved by all savers together. Unavoidably some...
Persistent link: https://www.econbiz.de/10011111570
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Current Account Adjustments and Real Exchange Rates in the European Transition Economies
Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2013
One of the key outcomes of open economy macroeconomics refers to a crucial importance of an investment-saving relation affecting a current account determination. However, despite a relative diversity in exchange rate regimes in European transition economies, there is still a substantial...
Persistent link: https://www.econbiz.de/10011111837
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“Economic freedom” and economic growth: questioning the claim that freer markets make societies more prosperous
Cohen, Joseph N - Volkswirtschaftliche Fakultät, … - 2011
A conventional reading of economic history implies that free market reforms rescued the world’s economies from stagnancy during the 1970s and 1980s. I reexamine a well-established econometric literature linking economic freedom to growth, and argue that their positive findings hinge on two...
Persistent link: https://www.econbiz.de/10011257910