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dc.contributor.authorKingsbury, David S.
dc.coverage.spatialZambiaen_GB
dc.date.accessioned2014-11-18T19:18:39Z
dc.date.available2014-11-18T19:18:39Z
dc.date.issued1988
dc.identifier.citationKingsbury,David S. (1988) Effects Of Alternative Foreign Exchange Allocation On The Zambian Economy With Specific Reference To The Agricultural Sector: 1985 - 1988, AEE Working Paper No. 4. Harare, Mt. Pleasant: AEE.en_GB
dc.identifier.urihttps://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/5107
dc.descriptionAn AEE Working Paper on the: Effects Of Alternative Foreign Exchange Allocation On The Zambian Economy With Specific Reference To The Agricultural Sector: 1985 - 1988en_GB
dc.description.abstractIn October 1985, the Government of the Republic of Zambia (GRZ) established a system of foreign exchange auctioning. This replaced quarterly rationing by an inter-ministerial committee which by many accounts had become inefficient and corrupt (Sanderson, 1987). The auction, and the host of accompanying reforms, had enormous short-run consequences for Zambian political and economic stability and had long-run potential .for pro-found structural transformation until its cancellation by President Kaunda in May 1987. Because the auction was terminated only recently and the new Foreign Exchange Management Committee (FEMAC) which rations foreign exchange has only been operating for one year, little has been written comparing economic performance and the business climate under the alternative systems. This paper examines the effects of these different foreign exchange allocation systems on agriculture. We will first address three questions at the level of the general economy.en_GB
dc.language.isoenen_GB
dc.publisherDepartment of Agricultural Economics and Extension (AEE); University of Zimbabween_GB
dc.relation.ispartofseriesWorking Paper AEE Series;Paper No.4.
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/en_GB
dc.subjectAgricultureen_GB
dc.subjectEconomic Developmenten_GB
dc.subjectFinanceen_GB
dc.titleEffects Of Alternative Foreign Exchange Allocation On The Zambian Economy With Specific Reference To The Agricultural Sector: 1985 - 1988en_GB
dc.typeSeries paper (non-IDS)en_GB
dc.rights.holderUniversity of Zimbabween_GB


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