How Long to Read Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe

How Long Does it Take to Read Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe?

It takes the average reader and 16 minutes to read Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe by Norbert Funke

Assuming a reading speed of 250 words per minute. Learn more

Description

Zimbabwe has currently the highest rate of inflation in the world (an annual rate of 1,730 percent in February, 2007). The high rates of inflation have contributed to the contraction of the economy, which has declined by about 30 percent since 1999. This paper examines the stabilization experience of countries that experienced similar rates of inflation (above 1,000 percent) during 1980-2005 and draws lessons for Zimbabwe. First, with appropriate stabilization policies, the fall in inflation can be very rapid and output normally recovers within the first year or two of stabilization. Second, while reforms need to be comprehensive, a strong upfront fiscal consolidation, including elimination of quasi-fiscal activities, is a critical element of a successful stabilization program. Third, although stabilization itself can be done without significant external financing in the first year, most countries benefited from external policy advice and technical support, including from the IMF, during stabilization and from an increase in financial assistance in subsequent years.

How long is Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe?

Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe by Norbert Funke is 16 pages long, and a total of 4,096 words.

This makes it 5% the length of the average book. It also has 5% more words than the average book.

How Long Does it Take to Read Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 22 minutes to read Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe aloud.

What Reading Level is Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe?

Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe?

Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe by Norbert Funke is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Lessons from High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe by Norbert Funke on Amazon click the button below.