ECONOMETRIC ANALYSIS OF UNEMPLOYMENT, OUTPUT AND GROWTH OF THE INFORMAL SECTOR IN ZIMBABWE (1985-2013)
짐바브웨 국외연구자료 기타 Talknice Saungweme, Simeon Matsvai, Rose C Sakuhuni International Journal of Economics and Research 발간일 : 2014-04-01 등록일 : 2016-05-24 원문링크
The debate on who is employed and jobless in Zimbabwe has taken centre stage after 2008, with variations ranging from definitions and motives of the source. The subject of unemployment incorporates issues of the nature of tasks being done coupled with the driving force behind a person to join a particular sector, formal or informal. This paper looked at the effect of formal unemployment to output and the growth of the informal sector. The paper proved that the continual collapse of the formal sector is the forcing factor behind a thriving informal sector in Zimbabwe. Thus the informal sector accounted for over 89% of employment in Zimbabwe by 2013. Due to lack of clear operational framework, and limited resources that characterised the informal sector, the economy has lost millions in potential government revenue, national output, international competiveness, and hence, it has become a trading market place. The paper recommends the Government to urgently restore investor confidence through creation of a conducive economic environment.