This paper describes differences in the impact of the Economic Structural Adjustment Policy (ESAP) on Zimbabwe’s rural and urban areas through the views of recent migrants to Harare. Although the outcomes of ESAP have been more acutely felt in the city than in the countryside, rural populations have also suffered from increases in the prices of basic commodities and in public services fees. Ret...

We examine the investment behavior of a panel of German manufacturing ...rms for the time period from 1992 to 2000. Our methodology is structural and has several steps: First, we identify the pro...tability shocks that move investment demand at the ...rm level. Then, we specify an array of adjustment costs and capital market imperfections possibly in‡uencing optimal ...rm investment response to...

This Paper has used a multisectoral input-output model of Iranian economy to examine the ability of different sectors of economy to create jobs per unit of output as well as capital. The results reveal that there is no conflict in a growth strategy that simultaneously attempts to improve efficiency i.e. reallocating production to sectors with low DRCs, equity and job creation. Although sectoral...