financial sector in Zimbabwe and identify institutions in the financial sector and explain their roles. It also seeks to unpack … policy and developmental perspective. Outline of the economic history of the development of the financial sector in Zimbabwe …

Zimbabwe has recently experienced record hyperinflation of 80 billion percent a month. This paper uses new data from … Zimbabwe to investigate money demand under hyperinflation using an ARDL estimation for the period 1980-2008. The results …

This paper examines the role of corruption in the design of monetary policies for developing countries in a framework …, is typically not credible in countries with serious corruption. Second, the optimal degree of conservatism for a Rogoff … (1985)-type central banker is an inverse function of the corruption level. Third, either an optimally-designed inflation …