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Economic inclusion in crisis: Challenges and opportunities for policy reform in Zimbabwe

Domaine:

socioeconomic

Type de record:

paper
Créateur:
MatAbe
Éditeur:
Siv
Hôte:
Zimbabwe's economic crisis, characterised by hyperinflation, currency instability, and high unemployment, has deepened due to COVID-19, disrupting livelihoods and heightening poverty. The government's reform agenda aims to stabilise the economy, attract investments, and improve social protection, yet faces challenges including political resistance and institutional deficits. This paper investigates policy reform challenges and opportunities, emphasising economic inclusion as a catalyst for equitable access to economic opportunities, fostering social cohesion, and boosting competitiveness. Utilising qualitative methods, it assesses the role of policies in enhancing access to assets, markets, and social safety nets. The paper advocates for stabilisation measures to curb inflation and currency volatility, increased financial access for small businesses, trade policy reforms for market integration, strengthened social protections, and educational investments to match economic demands. It synthesises best practices from global economic inclusion strategies across sectors like agriculture and industry. Concluding with recommendations, the study underscores inclusive policies as pivotal for Zimbabwe's Vision 2030 and National Development Strategy, advocating for synergy between inclusive growth and sustainable development.

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