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Overcoming Economic Challenges, Natural Disasters, and the Pandemic : Social and Economic Impacts (English)

This third edition of the Zimbabwe Economic Update (ZEU) aims to provide both a current and historical background covering the pre-pandemic (2019) and pandemic (2020 to April 2021) period. The 2019-2020 period marked a very difficult time for the country as 2019 was clouded by a prolonged drought, unprecedented cyclone and turbulent economic reform period; while 2020 and early 2021 coincided with a global Coronavirus pandemic that further dampened prospects at both global and local levels.

Details

  • Author

    Warwick,Mara K., Kariuki,Rosemary Mukami, Kwaramba,Marko, Ilieva,Stella, Hayman,Jason Joaquin, Swinkels,Robertus A, Saldarriaga Noel,Miguel Angel, Pena,Christine Lao, Sisimayi,Chenjerai N., Hobson,Emma Sameh Wadie, Wutete,Ruth, Rodriguez Alas,Claudia P, Jena,Nalin, Jongwe,Tapfuma Ronald, Chigumira,Easther

  • Document Date

    2021/06/01

  • Document Type

    Working Paper (Numbered Series)

  • Report Number

    160204

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Zimbabwe,

  • Region

    Africa East,

  • Disclosure Date

    2021/06/09

  • Disclosure Status

    Disclosed

  • Doc Name

    Overcoming Economic Challenges, Natural Disasters, and the Pandemic : Social and Economic Impacts

  • Keywords

    small and medium size enterprise; global debt; inflation; Exchange Rates; small and medium enterprise; Management of Public Finance; Public and Publicly Guaranteed; negative real interest rate; cost of living adjustment; public sector service delivery; fixed exchange rate regime; public sector wage bill; optimal allocation of resources; quality of service delivery; retention of health workers; access to foreign exchange; expansionary monetary policy; reserve money; social protection program; high inflation; food poverty line; parallel market; rural area; public wage bill; welfare quintile; current account balance; essential health services; million people; personal protective equipment; public financial institution; cost of production; source of financing; human capital development; foreign currency receipts; basic social service; exchange rate depreciation; exchange rate policy; consumer price inflation; official exchange rate; school feeding program; prudent fiscal policy; Exchange rate policies; stabilization of price; market exchange rate; Agriculture; central government budget; exchange rate volatility; fuel price increase; movement of people; finance and economic; central government deposit; Health Service Delivery; means of payment; value added tax; corporate income tax; scale and scope; lack of finance; agricultural support schemes; central government finance; social protection spending; quality of education; extremely poor household; Access to Education; external public debt; rise in inflation; movement of good; credit deposit; demand for import; remote rural area; informal sector activity; savings and investment; current account surplus; government budget deficit; foreign currency trading; informal worker; impact of shock; national budget deficit; international development partner; production and export; access to goods; water and electricity; volatility in price; financing for school; level of private; decline in agriculture; senior civil servants; fixed exchange regime; exchange rate loss; access to import; social protection system; sale of service; exchange rate stability; information management systems; extreme poor household; economic recovery; food insecurity; real sector; food price; currency depreciation; mobile money; maize meal; extreme poverty; Fuel Subsidies; fiscal deficit; domestic debt; reduced work; domestic demand; Wage Compression; social distance; food aid; mobile transaction; real value; social program; household consumption; macroeconomic instability; wage earner; budget allocation; economic reform; fiscal spending; inflationary pressure; fiscal adjustment; policy option; disposable income; fiscal space; Macroeconomic Stability; farm business; real wage; urban household; maize grain; supply chain; auction system; first wave; social assistance; export proceeds; border closure; consumption datum; social condition; fuel transport; near poor; manufacturing sector; economic volatility; medium-term outlook; school closure; downside risk; external demand; fiscal development; money supply; export incentive; demand-side shocks; exchange loss; subsidized credit; rural population; fiscal account; Fiscal policies; fiscal surplus; medical equipment; tax revenue; private consumption; humanitarian support; ripple effect; steep decline; Water Shortage; formal employment; severe drought; contingent liability; contingent liabilities; increase poverty; climate shock; government consumption; international tourism; financing requirement; government deficit; limited mobility; domestic activity; primary balance; online service; net interest; excessive volatility; poverty context; subsistence agriculture; financial operation; rural community; supply shock; productive sector; mining royalty; several months; informal trader; Distance Learning; rising unemployment; offshore facilities; manufacturing companies; market principle; south sudan; tradable sector; Power Generation; internal transfer; Macroeconomic Policy

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Citation

Warwick,Mara K. Kariuki,Rosemary Mukami Kwaramba,Marko Ilieva,Stella Hayman,Jason Joaquin Swinkels,Robertus A Saldarriaga Noel,Miguel Angel Pena,Christine Lao Sisimayi,Chenjerai N. Hobson,Emma Sameh Wadie Wutete,Ruth Rodriguez Alas,Claudia P Jena,Nalin Jongwe,Tapfuma Ronald Chigumira,Easther

Overcoming Economic Challenges, Natural Disasters, and the Pandemic : Social and Economic Impacts (English). Zimbabwe Economic Update,no. 3 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/563161623257944434/Overcoming-Economic-Challenges-Natural-Disasters-and-the-Pandemic-Social-and-Economic-Impacts