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Economic reform: This  is not time to turn back. . . unpacking deep seated structural disequilibria, exchange controls

© FOREIGN exchange controls in Zimbabwe can be traced back to the pre-Independence era when Rhodesia adopted an inward-looking strategy in response to sanctions imposed on it when it unilaterally declared independence in 1965.  [GoogleAd] The period was characterised by foreign exchange allocation as sanctions limited market access for exports.  By 1980, the import substitution…

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