Abstract
Zimbabwe is now a struggling economy that can no longer produce enough food for its population. In 2008, it also suffered the highest inflation in the world, which peaked at about seven sextillion percent1; the most rapidly falling currency; the world’s worst credit rating; and the most serious skills exodus, with between three million and four million people leaving the country (table 5.1).
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Notes
Zimbabwe Vulnerability Assessment Committee, “Urban Food Security Assessment,” Zimbabwe, January 2009.
Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (New York: Basic Books, 2000).
Reserve Bank of Zimbabwe (RBZ), “Monetary Policy Review Statement, First-Half,” 2006.
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© 2011 Hany Besada
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Robertson, J. (2011). A Macroeconomic Policy Framework for Economic Stabilization in Zimbabwe. In: Besada, H. (eds) Zimbabwe. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230116436_5
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DOI: https://doi.org/10.1057/9780230116436_5
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-29253-0
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