Zimbabwe : 2001 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Zimbabwe and Statement by the Authorities of Zimbabwe

Author/Editor:

International Monetary Fund

Publication Date:

June 25, 2002

Electronic Access:

Free Full Text (PDF file size is 2344 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2001 Article IV Consultation highlights that Zimbabwe’s economic crisis has continued to deepen. The deterioration has mainly been the result of inappropriate macroeconomic policies and a general breakdown in the rule of law in the context of the government’s fast-track land reform program launched in early 2000. This deterioration has undermined investor confidence, contributed to the rise in unemployment, destroyed capital, and eroded institutions important for economic development, thereby darkening the longer-term outlook. Real GDP is projected to contract by 8½ percent in 2001.

Series:

Country Report No. 02/125

Subject:

English

Publication Date:

June 25, 2002

ISBN/ISSN:

9781451841435/1934-7685

Stock No:

1ZWEEA0012002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

80

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