List of Tables List of Figures List of Abbreviations and Acronyms List of Contributors Preface PART I: INTRODUCTION AND OVERVIEW Macroeconomic and Adjustment Policies since Independence: An Introduction and Overview; C.Mumbengegwi & R.Magubu PART II: MACROECONOMIC POLICY AND PERFORMANCE Macroeconomic Performance under Structural Adjustment: An Essay on Latrogenic Effects; P.Robinson Distributive Policies and Economic Growth; M.T.Nziramasanga & L.M.Soo Inflation During Structural Adjustment; D.Durevall & P.Kadenge Labour Market Policies and Outcomes; J.Knight PART III: FINANCIAL LIBERALIZATION, MONETARY POLICY AND CURRENCY CRISIS Financial Liberalization and Monetary Policy; O.Nyawata & C.Mumbengegwi From Liberalization to Financial Crisis; C.Mendis The Crisis in Asia: Are there Lessons for Zimbabwe?; J.Gordon PART IV: TRADE LIBERALIZATION Macroeconomic Imbalances, Adjustment Reforms and Sustainability: A CGE Model Simulation; R.Mabugu Trade Liberalization and Investment Response in Zimbabwe; J.Rattsø, R.Torvik & H.Mehlum Income Distribution Effects of Trade Liberalization: A CGE Analysis; M.Chitiga-Mabugu PART V: SECTORAL PERSPECTIVES Macroeconomic Policy Impacts on Aggregate Agricultural Performance; C.Mumbengegwi Macroeconomic Policies and the Manufacturing Sector; H.Bjurek, D.Durevall & D.B.Ndlela Macroeconomic Policies and the Health Sector; G.Mutangadura Subject Index Author Index