https://cris.library.msu.ac.zw//handle/11408/187 2026-04-06T02:30:12Z 2026-04-06T02:30:12Z Masunda, Stein https://cris.library.msu.ac.zw//handle/11408/1667 2022-06-27T13:49:05Z 2016-01-01T00:00:00Z

Title: Is dollarization an answer to economic crisis: evidence from Zimbabwe Authors: Masunda, Stein Abstract: This study seeks to establish the role of dollarization as a stabilisation policy in response to economic crises. Using an autoregressive distributed lag model, with data spanning the period 1980 through 2012, findings suggest that dollarization can be used as alternative monetary arrangement for economic stabilization. The results of the study indicate that the mean GDP per capita in the dollarized era is on a high side as compared to the non-dollarized period. More so, past growth contributes positively and significantly to growth in an economy and the contribution declines with space.

2016-01-01T00:00:00Z Masunda, Stein Tambudzai, Zachary https://cris.library.msu.ac.zw//handle/11408/1398 2022-06-27T13:49:05Z 2007-01-01T00:00:00Z

Title: Military burden determinants in Southern Africa, 1996-2005: a cross-section and panel data analysis: paper presented at Economic Development in Africa Conference, held at St Catherineís College Authors: Tambudzai, Zachary Abstract: A few studies have focused on the determinants of military expenditure in Africa in general and southern Africa in particular. Most of the studies are not exclusively on this region but cover developing countries in general, with a few countries from southern Africa. Those that have focused on southern Africa are longitudinal case studies rather than cross-sectional. For instance, Batchelor etal (2002), for South Africa and Tambudzai (2006), for Zimbabwe. This article tries to fill this gap in the literature by econometrically testing for the factors that affect military expenditure in southern Africa, utilizing cross-section and pooled data estimations methods. The findings of this study confirm the importance of both economic and strategic variables in the determination of the level of military expenditure in developing countries. The strategic variables, however, have greater influence on military burden in southern Africa.

2007-01-01T00:00:00Z Tambudzai, Zachary Tambudzai, Zachary Harris, Geoff https://cris.library.msu.ac.zw//handle/11408/1370 2022-06-27T13:49:05Z 2016-01-01T00:00:00Z

Title: What drives milex in Zimbabwe? A comparative study: Paper presented at ‘The Fourteenth Annual International Conference on Economics and Security at Izmir University of Economics, Turkey, on June 17-18, 2010. Authors: Tambudzai, Zachary; Harris, Geoff Abstract: Most of the papers on the determinants of milex in Africa have taken a quantitative or econometric approach. Few have attempted a qualitative approach that investigates underlying motives for huge milex especially in Southern Africa. This study tests a model located within the public choice approach to economics using data drawn from interviews with key informants and documentary sources to derive salient determinants of milex in Zimbabwe and South Africa. The empirical findings suggest that Zimbabwe’s milex since 1980 has been influenced by internal political dynamics and to a lesser extend by economic factors. The most significant factors include regime security, elite corruption and liberation war hang-over and fear. In South Africa the milex level and composition are clearly formulated, transparent and are adhered to with respect to recurrent expenditures. However, recent military procurement history reveals increasing cabinet authoritarianism, a lack of transparency, significant opportunities for corruption and, arguably, inappropriate decisions.

2016-01-01T00:00:00Z Tambudzai, Zachary Harris, Geoff Mufudza, Voronica Tambudzai, Zachary Kalotay, Kalman https://cris.library.msu.ac.zw//handle/11408/1369 2022-06-27T13:49:05Z 2016-01-01T00:00:00Z

Title: Trade and growth nexus in Zimbabwe: quantifying the economic implications of joining the Tripartite Free Trade Area: paper presented at the Midlands State University and University of Venda conference on Economic Integration, Entrepreneurship and Sustainable Development held at Midlands State University, Zimbabwe on the 14th-16th October, 2015 Authors: Mufudza, Voronica; Tambudzai, Zachary; Kalotay, Kalman Abstract: Zimbabwe, just like many other developing countries, engages and participates in various regional trade arrangements (RTAs) as one building block in a key strategy towards trade-led growth. This paper sought to analyse the medium to long-range implications of Zimbabwe joining the Tripartite Free Trade Area (TFTA) from that perspective. The empirical evidence shows that a more open trade regime under the TFTA contributes more to the country’s aggregate economic growth than under the SADC and COMESA FTAs only. However, the study also notes that the level of protectionism towards third parties in the country is still very high and exceptions to free trade with regional trade partners are frequent. Moreover, joining a FTA is not an end in itself. In order to enjoy and exploit the full benefits from its regional integration efforts, Zimbabwe needs to fully utilize its existing trading arrangements under the SADC and COMESA agreements

2016-01-01T00:00:00Z Mufudza, Voronica Tambudzai, Zachary Kalotay, Kalman