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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Growth, Distribution and Environment: Macroeconomic Issues in Zimbabwe
Authors:Davies, Rob
Rattso, Jorn
Periodical:World Development
Geographic term:Zimbabwe
Subjects:land reform
economic development
economic policy
income distribution
soil fertility
Development and Technology
Economics and Trade
Politics and Government
External link:https://doi.org/10.1016/0305-750X(95)00141-X
Abstract:The main policy challenges in Zimbabwe relate to generating income growth, reducing poverty and stopping land degradation. The government attempted redistribution with growth at independence, but ran into macroeconomic unsustainability. After a period of import compression, the government now has embarked upon a liberalization programme. The consequences for growth and distribution so far have been unfavourable, and the economic structure has been reoriented toward primary goods. It is hard to see this strategy as helpful in terms of poverty and land degradation. This paper throws some light on the macroeconomic aspects of the development strategy using an economy-wide computable general equilibrium (CGE) model and evaluates the conditions for land reform to improve on distribution and environment. The paper examines recent growth performance, the role of the State in distribution, the linkages between distribution and environmental concerns, land reform as the key issue and economy-wide aspects of this option, the preliminary short-run effects of the trade liberalization implemented since 1990, and the long-run prospects of the Zimbabwean economy. Bibliogr., sum.