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Financial liberalisation in Zimbabwe : what went wrong?
Bibliography: pages 84-86.
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| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
School of Economics
2016
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| _version_ | 1867614065630642177 |
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| access_status_str | Open Access |
| author | Maravanyika, Edward |
| author2 | Standish, Barry |
| author_browse | Maravanyika, Edward Standish, Barry |
| author_facet | Standish, Barry Maravanyika, Edward |
| author_sort | Maravanyika, Edward |
| collection | Thesis |
| description | Bibliography: pages 84-86. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/17238 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:46:07.351Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/17238 Financial liberalisation in Zimbabwe : what went wrong? Maravanyika, Edward Standish, Barry Economics Bibliography: pages 84-86. Zimbabwe officially abandoned financial repression when it introduced financial liberalisation in 1991. Since independence in 1980, the government had used interest rate controls and strict foreign exchange regulations in order to control the economy. This mini-dissertation will analyse financial reforms in Zimbabwe from 1991 to 1997. The analysis will consider whether there were statistical grounds to believe that the financial liberalisation hypothesis would work. That is, do real interest rates in Zimbabwe have a statistically significant and positive relationship with real money demand and real savings? This paper will show that in Zimbabwe this relationship does indeed exist. The existence of such a relationship suggests that the freeing of interest rates in 1991 should have raised savings and financial intermediation as the theory predicts. However, as this did not happen, this paper will put forward reasons why, from 1991 to 1997, lifting controls in the economy did not increase savings as expected. 2016-02-24T11:17:11Z 2016-02-24T11:17:11Z 1999 Master Thesis Masters MCom http://hdl.handle.net/11427/17238 eng application/pdf School of Economics Faculty of Commerce University of Cape Town |
| spellingShingle | Economics Maravanyika, Edward Financial liberalisation in Zimbabwe : what went wrong? |
| thesis_degree_str | Master's |
| title | Financial liberalisation in Zimbabwe : what went wrong? |
| title_full | Financial liberalisation in Zimbabwe : what went wrong? |
| title_fullStr | Financial liberalisation in Zimbabwe : what went wrong? |
| title_full_unstemmed | Financial liberalisation in Zimbabwe : what went wrong? |
| title_short | Financial liberalisation in Zimbabwe : what went wrong? |
| title_sort | financial liberalisation in zimbabwe what went wrong |
| topic | Economics |
| url | http://hdl.handle.net/11427/17238 |
| work_keys_str_mv | AT maravanyikaedward financialliberalisationinzimbabwewhatwentwrong |