Record Details

Measuring the second economy in Zimbabwe

Botswana Journal of Economics

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Field Value
 
Title Measuring the second economy in Zimbabwe
 
Creator Makochekanwa, A
 
Subject Second economy; trends, Zimbabwe JEL classification: C22, E01
 
Description The second economy in Zimbabwe have grown from less than 10% of official GDP at independence in 1980 to an all-time higher share of 70 percent in 2008 before subsiding to a still higher percentage share of 52% by end of 2009. The existence of such a sizeable sector of unrecorded domestic and international economic transactions has several implications relevant for policy. First, it suggests that cconsiderable efforts will need to be made by the national accounts section in the Central Statistical Office (CSO) to establish systematic estimates of the major components of the second economy with a view of incorporating these into the official national accounts series. Second, coexistence of informal, parallel and black market activities in the second economy casts doubt on a blanket policy for the economy. Finally, the results suggest that the real total economy is healthier than the gloomy picture painted by official statistics.Keywords: Second economy; trends, Zimbabwe JEL classification: C22, E01
 
Publisher The Botswana Economics Association
 
Contributor —
 
Date 2013-02-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/boje/article/view/85407
 
Source Botswana Journal of Economics; Vol 10, No 14 (2012); 27-58
1810-0163
1810-0163
 
Language eng
 
Relation https://www.ajol.info/index.php/boje/article/view/85407/75332
 
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