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The Structural Adjustment Implications of Real Exchange Rate Depreciation on the Manufacturing Sector in Zimbabwe

Joseph Muzulu

Open publisher page 3 citations

Abstract

Real exchange rate depreciation lies at the heart of structural adjustment and stabilisation programmes, particularly those supported by the IMF and the World Bank. Notwithstanding this, there is still considerable controversy surrounding the efficacy of exchange rate depreciation in fostering export expansion and improving resource allocation.

About this research paper

What this paper is about

Real exchange rate depreciation lies at the heart of structural adjustment and stabilisation programmes, particularly those supported by the IMF and the World Bank. Notwithstanding this, there is still considerable controversy surrounding the efficacy of exchange rate depreciation in fostering export expansion and improving resource allocation.

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OpenAlex reports 3 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Real exchange rate depreciation lies at the heart of structural adjustment and stabilisation programmes, particularly those supported by the IMF and the World Bank. Notwithstanding this, there is still considerable controversy surrounding the efficacy of exchange rate depreciation in fostering export expansion and improving resource allocation.

Key concepts: Depreciation (economics), Exchange rate, Economics, Structural adjustment, Monetary economics, Manufacturing sector, International economics, Business

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