The impact of liberalisation on Zimbabwe
- Authors: Mugano, Gift
- Date: 2013
- Subjects: Economic Structural Adjustment Program (Zimbabwe) , Free trade -- Zimbabwe , Economic development -- Zimbabwe , Zimbabwe -- Economic conditions
- Language: English
- Type: Thesis , Doctoral , DPhil
- Identifier: vital:9025 , http://hdl.handle.net/10948/d1020198
- Description: The process of trade liberalisation and market-oriented economic reforms was initiated in many developing countries in early 1980s; and it intensified in 1990s. In 1991, Zimbabwe was assisted by the IMF to implement trade-policy reforms under Economic Structural Adjustment Programme (ESAP). After adopting ESAP, the country witnessed soaring balance-of-payment problems, contraction of output, unemployment and the loss of government revenue. A number of factors, which were at play resulted in dismal economic performance under ESAP. These factors still exist, in addition to inter alia weak economic policies, structural rigidities and weak institutions. However, notwithstanding this controversy, the country continuously opened its economy under Common Market for Eastern and Southern Africa (COMESA), Southern Africa Development Community (SADC), World Trade Organisation (WTO), Economic Partnership Agreements (EPAs) and bilateral agreements. It is against this background that this study is undertaken, in order to evaluate the impact of different trade-policy regimes on trade, welfare and revenue in Zimbabwe. This study used two models: World Integrated Trade Solutions/Software for Market Analysis and Restrictions on Trade (WITS/SMART) and Tariff Reform Impact Simulation Tool (TRIST). The WITS/SMART model was used because of its ability in analysing the tariff effect of a single market on disaggregated product lines. The model also has the capability to analyse the effects of trade-policy reforms in the presence of imperfect substitutes. In order to complement the WITS/SMART model, a TRIST model was also used. The use of the TRIST model enabled the study to evaluate the impact of trade reforms on VAT, excise duties, collected and statutory revenue – which the WITS/SMART model had overlooked. Using the WITS/SMART model, the study considered seven trade-liberalisation frameworks for Zimbabwe: full implementation of the SADC free trade agreement (FTA), SADC common external tariff (CET), COMESA CET, COMESA FTA, EPAs, BFTAs and WTO FTA.
- Full Text:
- Date Issued: 2013
- Authors: Mugano, Gift
- Date: 2013
- Subjects: Economic Structural Adjustment Program (Zimbabwe) , Free trade -- Zimbabwe , Economic development -- Zimbabwe , Zimbabwe -- Economic conditions
- Language: English
- Type: Thesis , Doctoral , DPhil
- Identifier: vital:9025 , http://hdl.handle.net/10948/d1020198
- Description: The process of trade liberalisation and market-oriented economic reforms was initiated in many developing countries in early 1980s; and it intensified in 1990s. In 1991, Zimbabwe was assisted by the IMF to implement trade-policy reforms under Economic Structural Adjustment Programme (ESAP). After adopting ESAP, the country witnessed soaring balance-of-payment problems, contraction of output, unemployment and the loss of government revenue. A number of factors, which were at play resulted in dismal economic performance under ESAP. These factors still exist, in addition to inter alia weak economic policies, structural rigidities and weak institutions. However, notwithstanding this controversy, the country continuously opened its economy under Common Market for Eastern and Southern Africa (COMESA), Southern Africa Development Community (SADC), World Trade Organisation (WTO), Economic Partnership Agreements (EPAs) and bilateral agreements. It is against this background that this study is undertaken, in order to evaluate the impact of different trade-policy regimes on trade, welfare and revenue in Zimbabwe. This study used two models: World Integrated Trade Solutions/Software for Market Analysis and Restrictions on Trade (WITS/SMART) and Tariff Reform Impact Simulation Tool (TRIST). The WITS/SMART model was used because of its ability in analysing the tariff effect of a single market on disaggregated product lines. The model also has the capability to analyse the effects of trade-policy reforms in the presence of imperfect substitutes. In order to complement the WITS/SMART model, a TRIST model was also used. The use of the TRIST model enabled the study to evaluate the impact of trade reforms on VAT, excise duties, collected and statutory revenue – which the WITS/SMART model had overlooked. Using the WITS/SMART model, the study considered seven trade-liberalisation frameworks for Zimbabwe: full implementation of the SADC free trade agreement (FTA), SADC common external tariff (CET), COMESA CET, COMESA FTA, EPAs, BFTAs and WTO FTA.
- Full Text:
- Date Issued: 2013
The developmental role of migrant worker remittances: A case study of Tsholotsho District in the Matabeleland North Province of Zimbabwe
- Authors: Nzima, Divane
- Date: 2013
- Subjects: Migrant labor -- Zimbabwe , Foreign workers -- Zimbabwe , Zimbabwe -- Economic conditions
- Language: English
- Type: Thesis , Masters , M Soc Sc (Sociology)
- Identifier: vital:11957 , http://hdl.handle.net/10353/d1015360 , Migrant labor -- Zimbabwe , Foreign workers -- Zimbabwe , Zimbabwe -- Economic conditions
- Description: Migrant remittances have been cited as one of the most rising forms of development financing. Migration-development scholarly debates have often made comparisons between migrant remittances and some of the most popular forms of development financing such as development aid. The development-migration debates have often contended that migrant remittances are fast growing and surpassing the popular forms of development financing. This study sought to examine the developmental role of migrant remittances in the rural district of Tsholotsho in Zimbabwe. Given that there are millions of Zimbabwean migrants working in South Africa, the study sought to examine the possible use of migrant remittances in the creation of sustainable livelihoods. In addition, the study focused on examining the skills and opportunities that are necessary in the creation of an enabling environment for investment as well as assessing the multiplier effect that result from the inflow of migrant remittances within the local economy. The study followed a mixed methods methodological approach wherein a quantitative survey and qualitative in-depth interviews were used to gather data. The findings of this study revealed that migrant remittances are central in the livelihoods of poor people in Tsholotsho and they have potential to create sustainable livelihoods. While skills and opportunities to drive entrepreneurial activity exist, there is need to deal with structural barriers in order to create an enabling environment for the creation of sustainable livelihoods through savings and investment. The study recommends the prioritization of education, improved access to the credit system and the development of cooperatives. These could assist in achieving sustainable livelihoods through migrant remittances.
- Full Text:
- Date Issued: 2013
- Authors: Nzima, Divane
- Date: 2013
- Subjects: Migrant labor -- Zimbabwe , Foreign workers -- Zimbabwe , Zimbabwe -- Economic conditions
- Language: English
- Type: Thesis , Masters , M Soc Sc (Sociology)
- Identifier: vital:11957 , http://hdl.handle.net/10353/d1015360 , Migrant labor -- Zimbabwe , Foreign workers -- Zimbabwe , Zimbabwe -- Economic conditions
- Description: Migrant remittances have been cited as one of the most rising forms of development financing. Migration-development scholarly debates have often made comparisons between migrant remittances and some of the most popular forms of development financing such as development aid. The development-migration debates have often contended that migrant remittances are fast growing and surpassing the popular forms of development financing. This study sought to examine the developmental role of migrant remittances in the rural district of Tsholotsho in Zimbabwe. Given that there are millions of Zimbabwean migrants working in South Africa, the study sought to examine the possible use of migrant remittances in the creation of sustainable livelihoods. In addition, the study focused on examining the skills and opportunities that are necessary in the creation of an enabling environment for investment as well as assessing the multiplier effect that result from the inflow of migrant remittances within the local economy. The study followed a mixed methods methodological approach wherein a quantitative survey and qualitative in-depth interviews were used to gather data. The findings of this study revealed that migrant remittances are central in the livelihoods of poor people in Tsholotsho and they have potential to create sustainable livelihoods. While skills and opportunities to drive entrepreneurial activity exist, there is need to deal with structural barriers in order to create an enabling environment for the creation of sustainable livelihoods through savings and investment. The study recommends the prioritization of education, improved access to the credit system and the development of cooperatives. These could assist in achieving sustainable livelihoods through migrant remittances.
- Full Text:
- Date Issued: 2013
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