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Zimbabwe, just like many other developing nations have failed to register a positive trade balance for the past decade. Zimbabwe, is then labelled a net-importer or a permanent net-importer, since imports have always been greater than exports. Despite differences in value of imports and exports,...
Persistent link: https://www.econbiz.de/10012910877
SMEs play an important role in the world economy and contribute substantially to income, output and employment. Reaching global markets is a dream for every. Opening new markets enables firms to increase their sales and hence enabling growth, through increased customer base. Risk is spread by...
Persistent link: https://www.econbiz.de/10012973478
Foreign currency reserves are of great significance to any developing country's economic growth prospects. Exports have been for long decades regarded as a major source of foreign currency and a driving force for economic growth. This paper empirically examines the export-led growth paradigm for...
Persistent link: https://www.econbiz.de/10013012444