Zimbabwean Trade Liberalisation: Ex Post Evaluation

Jorn Rattso and Ragnar Torvik

Cambridge Journal of Economics, 1998, vol. 22, issue 3, 325-46

Abstract: 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 to disentangle the effects of liberalization from the serious drought that coincided with it. An economywide CGE model is used for counterfactual experiments. The opening-up of final goods markets is shown to contribute to deindustrialization and contraction. Copyright 1998 by Oxford University Press.

Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (16)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cambje:v:22:y:1998:i:3:p:325-46

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().