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The Art of Making Everybody Happy : How to Prevent a Secession

Le Breton, Michel - 2001

In this paper we consider a model of the country with heterogeneous population and examine compensation schemes that may prevent a threat of secession by dissatisfied regions. We show that horizontal imbalances are combatable with secession-proof compensation schemes that entail a degree of...

Persistent link: https://www.econbiz.de/10014399596

Adjustment Costs, Irreversibility, and Investment Patterns in African Manufacturing

Bigsten, Arne - 1999

This paper examines dynamic patterns of investment in Cameroon, Ghana, Kenya, Zambia and Zimbabwe, assessing the …

Persistent link: https://www.econbiz.de/10014400554

Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe : A Note

Muñoz, Sònia - 2007

Zimbabwe''s failure to address continuing central bank quasi-fiscal losses has interfered with both monetary management … and the independence and credibility of the Reserve Bank of Zimbabwe (RBZ). Realized quasi-fiscal losses are estimated to …

Persistent link: https://www.econbiz.de/10014403011

Lessons From High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe

Clausen, Jens R. - 2007

Zimbabwe has currently the highest rate of inflation in the world (an annual rate of 1,730 percent in February, 2007 … 1,000 percent) during 1980-2005 and draws lessons for Zimbabwe. First, with appropriate stabilization policies, the fall …

Persistent link: https://www.econbiz.de/10014403024

Zimbabwe's Export Performance : The Impact of the Parallel Market and Governance Factors

Muñoz, Sònia - 2006

This paper analyzes Zimbabwe''s export performance in recent years and identifies the factors that could improve export … Zimbabwe''s economic situation. The growth rate of total exports declined dramatically in the early 2000s, following a large …

Persistent link: https://www.econbiz.de/10014403031

Zimbabwe : A Quest for a Nominal Anchor

Kovanen, Arto - 2004

This study examines the appropriateness of alternative intermediate monetary policy targets for Zimbabwe in light of …

Persistent link: https://www.econbiz.de/10014404088

Determinants of Stock Prices : The Case of Zimbabwe

Oyama, T. - 1997

This paper examines the general relationship between stock prices and macroeconomic variables in Zimbabwe, using the … fluctuation in stock prices since 1991, this analysis indicates that the Zimbabwe Stock Exchange has been functioning quite …

Persistent link: https://www.econbiz.de/10014403287

Suppressed Inflation and Money Demand in Zimbabwe

Muñoz, Sònia - 2006

The paper investigates the divergence between inflation and monetary expansion in Zimbabwe since late 2003. The …

Persistent link: https://www.econbiz.de/10014404246

Will natural gas prices decouple from oil prices across the pond?

De Bock, Reinout; Gijón, José - 2011

Persistent link: https://www.econbiz.de/10009424794

Unemployment and labor market issues in Algeria

Furceri, Davide - 2012

Persistent link: https://www.econbiz.de/10009615330