Restructuring Or De-industrializing?: Zimbabwe's Textile and Metal Industries Under Adjustment
This report is one of the first longitudinal surveys assessing the experience of Zimbabwean manufacturers under the country 's economic structural adjustment program (ESAP) from 1990 to 1995. It documents the detailed experiences of selected textile and metal firms under ESAP and concludes that the adjustment framework has caused de-industrialization. ESAP also took a heavy toll on the living and working conditions of manufacturing sector workers. The report makes a strong case for the abandonment of the orthodox structural adjustment framework of industrial restructuring and the pursuit of an alternative approach that is more favourable to the local accumulation of capital.
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amongst borrowing Botswana capacity capital collective bargaining committees and unions competition Cone Textiles constraints context coping strategies cost countries David Whitehead de-industrialization decline devaluation domestic market economy employment equipment ESAP export incentive Field Interviews firms surveyed fiscal regime forex framework growth Harare ibid imports income increased industrial policy informal sector interest rates investment ISBN labour productivity labour relations levels liquidation macro-economic manufacturing sector ment Merlin metal firms metal industry metal sub-sectors metal workers million November 1995-March observed operations OUT-OF-PRINT outcome output period programme proportion restructuring retrenchments Sachikonye sampled textile sampled workers savings schemes second-hand clothes significant skills training South Africa South Wales Spinners and Weavers Standard Chartered Bank structural adjustment supervision surveyed firms Tanzania tariffs textile and clothing textile and metal textile firms textile industry textile workers trade liberalization trends World Bank Zimbabwe dollar Zimbabwe Spinners Zimbabwe's Zimbabwean ZISCO