Industrial Change in Africa: Zimbabwean Firms under Structural Adjustment

by J. Gunning (Editor), R. Oostendorp (Editor)

Overview

This book uses a unique and extensive data survey of manufacturing firms in Zimbabwe to analyse firm-level responses to economic liberalization. The focus on labour and financial markets, investment behaviour, the determinants of entrepreneurship, productivity growth and efficiency, export performance, firm growth, and resource shifts between different manufacturing activities. Understanding these determinants is crucial evaluating the success or failure of structural adjustment.

Product Details

ISBN-13:	9780333971277
Publisher:	Palgrave Macmillan UK
Publication date:	12/17/2001
Series:	Studies on the African Economies Series
Edition description:	2001
Pages:	304
Product dimensions:	5.51(w) x 8.50(h) x 0.04(d)

About the Author

JAN BADE DLO Agricultural Economics Research Institute (LEI-DLO) - The Hague MARCEL FAFCHAMPS Centre for the Study of African Economies, University of Oxford HANS HOOGEVEEN Departments of Economics, Free University, Amsterdam KUPUKILE MLAMBO African Development Bank, Abidjan TAKAWIRA MUMVUMA Institute of Social Studies, The Hague PETER RISSEEUW Economic and Social Institute, Free University, Amsterdam ANNE VELENCHIK Wellesley College, Wellesley MA

Table of Contents

List of Tables List of Figures Acknowledgements Notes on the Contributors PART I: ZIMBABWE MANUFACTURING, STRUCTURAL ADJUSTMENT AND THE RPED ZIMBABWE SURVEY Introduction; J.W.Gunning & R.Oostendorp The RPED Zimbabwe Survey 1993-95; J.Bade, J.W.Gunning & R.Oostendorp PART II; PRODUCT, LABOUR, AND FINANCIAL MARKETS Firm Product Market Characteristics; R.Oostendorp Wage Determination, Human Capital and Labour Market Efficiency; A.D.Velenchik Financial Market Characteristics; M.Fafchamps PART III: FIRM PERFORMANCE AND SECTORAL RESOURCE SHIFTS Investment; M.Fafchamps & R.Oostendorp Determinants of Self-Employment; H.Hoogeveen Productivity Growth and Technical Efficiency in Zimbabwean Manufacturing; K.Mlambo Manufacturing Export Performance, Macro-economic Adjustment and the Role of Networks; H.Hoogeveen & T.Mumvuma Firm Growth; P.Risseeuw Transforming the Economy: Resource Shifts and Expectations; J.W.Gunning Conclusion; J.W.Gunning & R.Oostendorp References Index

Editorial Reviews

Gunning (development economics, Free U. of Amsterdam), Oostendorp (Economic and Social Institute of the Free U. of Amsterdam), and collaborators describe and analyze the three-year data survey carried out among 213 manufacturing firms in Zimbabwe after the introduction of the Economic and Structural Adjustment Programme of 1991. Separate chapters explore the characteristics of product, labor, and financial markets and discuss firm performance in relation to investment, productivity growth, firm growth and resource shifts. They find that capital and labor resource growth is most clearly associated with exporting sectors, although the association does not necessarily carry over to the firm level. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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