Price And Wage Policy In The Zimbabwe Maize And Tobacco Industries, 1980
Date
1980Author
Kinsey, B. H.
De Swart, M.I.A
Blackle, M.J
Muir, K.
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Abstract
Zimbabwe, despite a fairly sophisticated modern sector, displays the normal characteristics of less developed countries having a dual economy with a large surplus labor force.Reynolds has observed that.poor, labor-surplus countries are still living in a classical world and should perhaps follow the classical route, towards fuller employment (Reynolds, 1985:39) However, the reality is that social and political factors tend to dominate classical economics, particularly in democratic developing countries such as Zimbabwe, where wage earners are highly influential.