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Title The system of protection and industrial development in Zimbabwe
Imprint Abingdon, Oxon : Routledge, 2018.


 Internet  Electronic Book    AVAILABLE
Description 1 online resource
Series Routledge revivals
Routledge revivals.
Note Available only to authorized UTEP users.
Subject Zimbabwe -- Commercial policy.
Foreign trade regulation -- Zimbabwe.
Protectionism -- Zimbabwe.
Manufacturing industries -- Zimbabwe.
Contents Cover; Half Title; Title; Copyright; Contents; List of Tables; List of Figures; Annexes; Abstract; Acknowledgements; Acronyms; 1 Introduction; 1.1 Background; 1.2 Objectives and focus of the study; 1.3 Significance of the research; 1.4 Sources and methods of data collection; 1.5 Organisation of the study; 2 An Outline of the Development of the Zimbabwe Economy; 2.1 Introduction; 2.2 Phases in the development of the Zimbabwe economy; 2.2.1 The pre-Federation period; 2.2.2 The Federation period; 2.2.3 The UDI period 1965-1980; 2.2.4 The Independence period
2.3 Performance of the independence economy2.4 The structure of the Zimbabwe economy; 2.5 Balance of payments; 2.6 Summary and conclusion; 3 Industrial Strategy, Protection and Performance in Manufacturing; 3.1 Introduction; 3.2 Trade and industrial development; 3.3 Inward-looking versus outward-looking strategies; 3.4 Effective rate of protection; 3.5 Efficiency implications; 3.5.1 Domestic resource cost; 3.5.2 Productivity; 3.6 Conclusion; 4 The Development of the Manufacturing Sector in Zimbabwe; 4.1 Introduction; 4.2 Industrial policy in the UDI period
4.3 Production in the manufacturing sector4.4 Structure of the manufacturing sector post-independence; 4.5 Manufacturing characteristics; 4.6 Manufacturing investment trends; 4.7 Productivity in the manufacturing sector; 4.7.1 TFP growth; 4.7.2 TFP growth results; 4.8 Conclusion; 5 Trade Strategy and the System of Protection in Zimbabwe; 5.1 Trade and trade strategy; 5.2 Balance of payments; 5.2.1 The current account balance; 5.2.2 The capital account balance; 5.3 The system of protection; 5.3.1 Trade management; 5.3.2 Tariffs; 5.3.3 Investment control and incentives; 5.3.4 Subsidies
5.3.5 Price control and pricing Regulations and exchange rate management5.3.6 Wage and income controls; 5.4 How the controls protect manufacturing; 5.5 Conclusion; 6 Research Methodology and Sample Survey Characteristics; 6.1 Introduction; 6.2 The Analytical framework; 6.2.1 Estimation of effective rates of protection; 6.2.2 Estimation of domestic resource cost; 6.2.3 Measurement and treatment of land, labour and capital; 6.2.4 Treatment of non-traded inputs; 6.2.5 Relationship between ERP and DRC; 6.3 Methods of collecting data; 6.4 Sample characteristics; 6.4.1 Age of enterprises
6.4.2 Capacity utilisation6.4.3 Direct foreign exchange costs and foreign exchange intensity; 6.4.4 Employment; 6.4.5 Factor intensity; 6.5 Exporting, domestic and import-substitution firms; 6.7 Conclusion; 7 Conversion Factors (CFs) for Non-Traded Sector Inputs and Discount Rate; 7.1 Introduction; 7.2 Adjustment of inputs; 7.2.1 Traded inputs; 7.2.2 Adjustment of primary inputs; 7.3 The simultaneous equations; 7.4 The simultaneous equation results; 7.5 Discount rate; 7.6 Conclusion; 8 Effective Protection Among Survey Firms; 8.1 Introduction; 8.2 The incidence of effective protection
Summary First published in 1994, this volume's seeks to evaluate the impact of trade restrictions and other forms of government intervention on the development of manufacturing industries in Zimbabwe in the 1980s. The study focuses on the period after independence in Zimbabwe up to 1989. The emphasis of the study is on (a) the extent and levels of effective protection afforded the industries by the system and (b) the efficiency of all industries created by the system of protection. This research seeks to assess the extent of protection created by managed trade and other forms of government intervention, and the resultant efficiency of manufacturing sector industries, using single period effective rate of protection (ERP) and domestic resource cost (DRC) estimates. The aim is to show the structure of incentives and efficiency implications of intervention for sample firms and the whole manufacturing sector.