Pierola & Newfarmer Trade In Zimbabwe 9781464804465

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Автор: Pierola & Newfarmer
Название: Trade In Zimbabwe
ISBN: 9781464804465
Издательство: Mare Nostrum (Eurospan)
Классификация:

Международная экономика

Международная торговля

Торгово-промышленная деятельность и управление

ISBN-10: 146480446X
Обложка/Формат: Paperback
Страницы: 144
Вес: 0.34 кг.
Дата издания: 30.05.2015
Серия: Directions in development
Язык: English
Размер: 249 x 178 x 13
Читательская аудитория: General (us: trade)
Ключевые слова: Business & management
Подзаголовок: Changing incentives to enhance competitiveness
Рейтинг:
Поставляется из: Англии
Описание: In Zimbabwe, trade has been a driver of economic growth, rising incomes, and progressive empowerment of Zimbabweans through rising standards of living and the promise of better jobs. Since 1980, through good years and bad years, increases in exports have been positively associated with increases in national income. Zimbabwes location and resource base, together with a low-cost but relatively well educated labor force, have endowed it with a naturally high trade ratio built on a diversified base that facilitates using trade as an engine of growth. While trade volumes have rebounded smartly from the deep recession of 2007-2008, these do not offset other worrisome longer-term trends: - Export growth during the last decade has been lacklustre and failed to drive high growth. - Agricultural exports, other than tobacco, have lost their once dominant role in the region, and are no longer a source of diversification. - Manufacturing has withered in a continuing secular decline. - Zimbabwes export basket has become less diversified and more dependent on a narrow range of mineral and, to a lesser extent, agricultural products. In short, exports have become less diversified, less-technologically sophisticated, and less labor-intensive - and ever more dependent on a few large mining activities to provide foreign exchange and employment. This report traces the roots of this poor performance to several policy issues: poor predictability of macroeconomic policy and economic governance has created an unfavorable climate for private investment and trade; a tariff structure that dampens export profitability; industrial policies - indigenization policy in particular - that undermine investor confidence and inhibits private investment; and finally, competition-limiting policies toward services that limit connectivity of Zimbabweans and raise trade costs. The good news arising from the study is that the remedies for these policy shortcomings lie in Zimbabwean hands. If the government were to adopt reforms that reconfigure economy-wide incentives and trade and industrial policies, it could promote sustained growth, economic diversification and empowerment of poor people.
Дополнительное описание: Business and Management

Trade In Zimbabwe, Pierola & Newfarmer