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Trade in Zimbabwe : changing incentives to enhance competitiveness, Paperback / softback Book

Trade in Zimbabwe : changing incentives to enhance competitiveness Paperback / softback

Edited by Martha Denisse Perola, Richard Newfarmer, Richard Newfarmer

Part of the Directions in development series

Paperback / softback

Description

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.

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