These problems are not always visible at first glance, especially when looking at markets such as Nigeria or Zimbabwe that are among Africa's top performers ytd in USD terms. Nonetheless, digging into the financials of domestic corporates shows how difficult the situation is: the subsidiaries of ...
The disastrous effects of price controls in Zimbabwe were described on pages A1 and A8 of an article titled "Caps on Prices Only Deepen Zimbabweans' Misery" in the New York Times of August 2, 2007. The effects of price control on the use of medical care were discussed in detail in ...
Our decision to limit the sample period to 2005 is underpinned by the fact that the post-2005 period saw the Zimbabwean dollar being revalued in 2006, 2008, and 2009 before it was scrapped and a multi-currency system was introduced (see Section2.1). Thus including data for the post-2005 ...