Zimbabwe switched to the American dollar after an 80 Billion percent increase inflation of the Zim in 2008-2009. Initially when switching to the dollar stopped inflation, increased growth, and lead to macroeconomic stability. But now data is not complete and the information that is appearing shows that the GDP is down and shopkeepers complain about corruption. There is also rising deficits alone with bans for certain officials to do buiness with the United States. The goods and services that helped the economy before are now lacking an example is mining. Now the dollar may not be what is best for the Zimbabwean economic system. Should dollarization be reversed? the article feels like chances seem low, what do you think?
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