"Bob is gone." At the end of November 2017, under intense pressure, Robert Mugabe stepped down as president of Zimbabwe - a position the controversial leader had held for 30 years. Global response to the news was cautiously optimistic. Even within the country, celebration was muted. With the...
Mexico: Inflation rose to 7.65% in May, a marginalfrom 7.68% in April. From2007 until 2009, Zimbabwe's inflation/price level went up by80 billion percentin only one month. Citizens then stopped using local currency, instead turning to barter when they could, and the economy came to a ...
Fixing Zimbabwe: What Residents Have to Say; A majority think a change in leadership is necessary to heal the economy.(Survey)Rheault, Magali
criticism suggesting that such a proposal amounts to “printing money” and thereby destroying the value of the currency. Some probably will even argue that this would put the US on the road to a fate much like Zimbabwe’s (for a good analysis of what’s actually happening in Zimbabwe, ...
It also reveals how distributors and other stakeholders may be impacted, and it telegraphs how new technologies can quickly render invalid every assumption.” Competitive intelligence is our forte at Meltwater, so if you want to learn more about what this might look like for your brand, ...
If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war. —Marc Faber 16 BJP is committed to transform the agriculture sector. We want to increase farmer income and the purchasing power of...
Traders in Zimbabwe had their preferences for which currency to accept, but the U.S. dollar was the most widely accepted throughout the country. In late 2016, the government of Zimbabwe also introduced a batch of bond notes as a form of alternative currency, with a bond note having an exc...
The African nation of Zimbabwe provided an example of the worst-case scenario in the early 2000s. The country's central bank began to print money at a staggering pace in response to serious economic problems, resulting in hyperinflation. Experts suggest that the currency lost 99.9% of its valu...
multiple currency systemmultiple linear regressionsZimbabwThis study attempts to identify determinants of commercial banks' profitability in Zimbabwe since the inception of the multiple-currency system. The study coverSocial Science Electronic Publishing...
This research paper provides a post-mortem of what really determines interest rates in relation to what was observed by Gibson during the gold standard era calldoi:10.1099/0022-1317-60-2-209Masekesa, Wellington MtombweSocial Science Electronic Publishing...