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Friday, April 11, 2014

CID Speaker Series: Observations on the Zimbabwe Economy: from Collapse to Rebound to Slump

Following a decade of economic collapse and extreme inflation between 1997 and 2008, Zimbabwe’s economy stabilized and rebounded from 2009 through 2012. That rebound has now run out of steam. Drawing on his experience heading the USAID Strategic Economic Research and Analysis (SERA) Program in Zimbabwe, the speaker will review recent economic developments and discuss key economic policy issues in that country. Topics will include macroeconomic management in a dollarized economy, constraints to growth and poverty reduction, the government’s controversial “indigenisation and empowerment” policy, and the debt overhang. Bruce Bolnick is a development economist with more than 40 years of experience as a professor, policy adviser, international consultant, and development project manager. From 2003-2013, he was Chief Economist for the International Group at Nathan Associates, an international economics consulting company. He recently retired from that position following two years in Zimbabwe as Chief of Party for the USAID SERA Program. Before joining Nathan, Dr. Bolnick was a Fellow in Development and Lecturer at Harvard's Kennedy School of Government, and earlier, a Senior Associate at the Harvard Institute of International Development. He also taught at Brandeis, Northeastern, Duke, and the University of Nairobi. Dr. Bolnick has written or co-authored dozens of policy papers for countries ranging from Mozambique to Guyana to Indonesia, and published numerous refereed articles and four books. In addition to his recent posting in Zimbabwe, he spent more than 10 years as an economic adviser to finance ministries and central banks in Mozambique, Malawi, Zambia, and Indonesia. His areas of interest include macroeconomic management, tax policy, financial sector development, and growth and poverty reduction. Dr. Bolnick holds a Ph.D. in Economics from Yale University.

  • Location:
    Perkins Room (R-415), 4th Floor Rubenstein, HKS
  • Date:
    Friday, April 11, 2014
  • Time:
    11:45 AM

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