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This article investigates the recent monetary experience of Zimbabwe with dollarization. It shows how dollarization has … allowed Zimbabwe to quash hyperinflation, restore stability, increase budgetary discipline, and reestablish monetary … credibility. Zimbabwe's hyperinflationary past and the stabilization measures taken by the government are outlined, and the …
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Unlike most hyperinflations, during Zimbabwe's recent hyperinflation, as in Revolutionary France, the currency ended … before the regime. The empirical results here suggest that the Reserve Bank of Zimbabwe operated on the correct side of the …
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The delayed end to Zimbabwe's hyperinflation in 2009 gave rise to an official dollarization. Before then, the Reserve … Bank of Zimbabwe (RBZ) operated on the correct side of the inflation tax Laffer curve. Estimated seignorage maximizing …
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substitution and dollarisation in Zimbabwe. The paper also discuss the possibility and the requirements for de-dollarisation to … take place. The process of dollarization in Zimbabwe was peculiar in that it was not backed by international reserves as is …
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