n Journal of Strategic Studies : A Journal of the Southern Bureau of Strategic Studies Trust - Tracking Zimbabwe's trade performance before and during dollarisation
|Article Title||Tracking Zimbabwe's trade performance before and during dollarisation|
|© Publisher:||Southern Bureau of Strategic Studies Trust|
|Journal||Journal of Strategic Studies : A Journal of the Southern Bureau of Strategic Studies Trust|
|Affiliations||1 University of Zimbabwe|
|Publication Date||Jan 2012|
|Pages||68 - 77|
This paper sought to investigate Zimbabwe's trade performance before and during dollarisation. A situational analysis was done for the key sectors which include Agriculture, Manufacturing and Mining. On the overall, the trade balance was seen to be widening largely as a result of high imports and poor export performance. The Agricultural sector performance was largely affected by erratic rainfall and poor preparation while low capacity utilisation and worn out machinery were a hindrance to good performance in the Manufacturing sector. Mining, on the other hand, registered improved performance but as a primary sector, export receipts could be higher if value-addition is prioritised. On the overall, tactical import substitution augmented with value addition could see the deficit eradicated and surpluses enjoyed.
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