02.05.2014 Views

Zimbabwe - Overseas Development Institute

Zimbabwe - Overseas Development Institute

Zimbabwe - Overseas Development Institute

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

sometimes on questionable assumptions and guesses. Thus, as the<br />

1987 World Bank study of <strong>Zimbabwe</strong>an i n d u s t r y s t a t e s , the DRC<br />

scores should be used with a great deal of caution''' .<br />

Table 9<br />

International Competitiveness of Manufacturing Industry<br />

DRC Calculations, 1982 and 1986<br />

Sub- DRC Measures for 1982 DRCs for 1986<br />

Sector General With Range<br />

25% of Values<br />

Deval . Found<br />

1 0.88 0.70 0.53 to 1.65<br />

2 0.88 0.70 0.61 to 1.84<br />

3 1.28 1.02 0.75 to 2.45 0.89 to 1.14<br />

4 1.05 0.84 0.89 to 2.20<br />

5 1.33 1.06 not available<br />

6 1.87 1.49 1.12 to 5.59<br />

7 0.94 0.75 0.38 to 2.44 0.28 to 0.911<br />

8 0.98 0.78 0.82 to 2.02<br />

9 2.41 1.93 0.40 to 5.49 0.58 (for steel)2<br />

10 1.27 1.02 0.82 to 3.40<br />

Total 1.27 1.02<br />

Manufacturing<br />

Notes: 1. This was for f e r t i l i z e r firms whose DRCs for 1982<br />

were recorded in the range 0.65 to 1.00.<br />

2. The 1982 DRC for steel was calculated at 4.4; however,<br />

the method of calculation differed in the two studies.<br />

Source: Jansen (1983, Vol.11:84) and IBRD (1987).<br />

A f u r t h e r i n d i c a t o r of i n t e r n a t i o n a l competitiveness comes<br />

from a v a i l a b l e d i r e c t i o n of export s t a t i s t i c s . These not only<br />

reveal increased competitiveness achieved during the UDI period<br />

but also some s i g n i f i c a n t s h i f t s i n export d e s t i n a t i o n s . Whereas<br />

i n the two year period 1964 and 1965, 92% of a l l <strong>Zimbabwe</strong>'s<br />

manufactured exports"« went to e i t h e r South A f r i c a or the<br />

Southern A f r i c a n <strong>Development</strong> Coordination Conference (SADCC)<br />

countries, i n the period 1981 to 1983, only 43% of a l l manufactured<br />

exports went to <strong>Zimbabwe</strong>'s southern A f r i c a n neighbours.<br />

In l a t e 1987 comprehensive trade data by seven d i g i t c l a s s i ­<br />

f i c a t i o n f o r each country d e s t i n a t i o n were made a v a i l a b l e f o r the<br />

years 1984, 1985 and 1986 enabling a f a r greater depth of<br />

a n a l y s i s of manufacturing exports than has been p o s s i b l e f o r any<br />

year since 1964. In aggregate these data confirm the UDI trends<br />

j u s t mentioned. In 1984, only 41% of a l l manufactured exports<br />

went to countries i n southern A f r i c a , f a l l i n g to 34% by 1986. I f<br />

a l l exports of cotton l i n t , ferro-chrome and s t e e l products are<br />

excluded, dependence on southern A f r i c a n markets increases

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!