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Inflation dynamics in a dollarised economy: the case for Zimbabwe

Author

Listed:
  • Pierre Le Roux
  • William Kavila

Abstract

The rapid and sustained loss in value of the Zimbabwean dollar, which began in the last quarter of 1997, led to its rejection as a medium of exchange during the second half of 2008, as inflation soared. Zimbabwe slid into hyperinflation in March 2007, with the annual inflation rate reaching a record 200 million per […]

Suggested Citation

  • Pierre Le Roux & William Kavila, 2016. "Inflation dynamics in a dollarised economy: the case for Zimbabwe," Working Papers 87, Economic Research Southern Africa.
  • Handle: RePEc:rza:wpaper:87
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    Citations

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    Cited by:

    1. Nnaemeka Chukwuone & Ebele Amaechina & Sunday Emeka Enebeli-Uzor & Evelyn Iyoko & Benjamin Okpukpara, 2012. "Analysis of Impact of Remittance on Poverty in Nigeria," Working Papers PMMA 2012-09, PEP-PMMA.
    2. Chukwuone, Nnaemeka & Amaechina, Ebele C. & Enebeli-Uzor, Sunday Emeka & Iyoko, Emelyn & Okpukpara, Benjamin, 2012. "Analisys of impact of remittance on poverty in Nigeria," PEP Working Papers 164404, Partnership for Economic Policy (PEP).

    More about this item

    Keywords

    Africa; central bank; Exchange rate; Inflation; Monetary Policy; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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