Macroeconomic development in Zimbabwe is analyzed in terms of sectoral balance and distributional shifts. The economic performance during the period 1981-88 is evaluated with a five sector CGE model assuming endogenous import rationing. A foreign exchange constraint links the exportables sector...

The recent trade liberalization in Zimbabwe offers an opportunity of understanding short-run adjustment responses to reform. The immediate experience involved contraction in output and employment, a consumption boom, the inflow of imports, and a rising trade deficit. The analytical challenge is...