Sign in to use this feature.

Years

Between: -

Subjects

remove_circle_outline
remove_circle_outline

Journals

Article Types

Countries / Regions

Search Results (1)

Search Parameters:
Keywords = dollarisation

Order results
Result details
Results per page
Select all
Export citation of selected articles as:
20 pages, 1399 KiB  
Article
The Boomerang Effects: An Analysis of the Pre and Post Dollarisation Era in Zimbabwe
by Michael Takudzwa Pasara and Rufaro Garidzirai
Economies 2020, 8(2), 32; https://doi.org/10.3390/economies8020032 - 17 Apr 2020
Cited by 14 | Viewed by 13226
Abstract
Does dollarisation influence economic activity in Zimbabwe? The question has incited a lot of debates among researchers and analysts. In an attempt to answer this question, the study used an Auto Regressive Distributive Lag (ARDL) procedure, to investigate the effects of dollarisation on [...] Read more.
Does dollarisation influence economic activity in Zimbabwe? The question has incited a lot of debates among researchers and analysts. In an attempt to answer this question, the study used an Auto Regressive Distributive Lag (ARDL) procedure, to investigate the effects of dollarisation on economic growth in Zimbabwe. The study employed quarterly data over a 14-year period between 2000 and 2014. The results of the study indicate that dollarisation, gross domestic investment and trade openness are positively related to economic growth. Based on the findings of the study, the paper recommends that Zimbabwean policy makers should establish additional complementary policies which foster economic integration with anchor countries to reduce credit risk. On the other hand, dollarisation should be maintained since it resulted in economic stability and improved financial sector credibility. It is therefore still premature to de-dollarise the economy until a sufficient level of credibility is gained by the central bank. Full article
(This article belongs to the Special Issue Macroeconomics and Monetary Policy)
Show Figures

Figure 1

Back to TopTop