Postcolonial Ireland and Zimbabwe: Stagnation Before Convergence

27 Pages Posted: 18 May 2010

See all articles by Frank Barry

Frank Barry

Trinity College (Dublin) - School of Business Studies

Patrick Honohan

Independent; Trinity College Dublin - Department of Economics; Peter G. Peterson Institute for International Economics; Centre for Economic Policy Research (CEPR)

Tara McIndoe Calder

Central Bank of Ireland; University of Dublin - Institute for International Integration Studies

Date Written: June 1, 2009

Abstract

This paper discusses the slow and hesitant integration of two post-colonial economies into the global economy. One is Ireland, whose independence began in 1921, but which only found its place securely at the productive frontier by the 1990s, with many setbacks on the way. The other is Zimbabwe, which ceased being a colony in 1965 but achieved proper independence only in 1980.Following independence, Zimbabwe’s economic performance in an increasingly globalized world was, like that of Ireland at first, hesitant and disappointing, even before its catastrophic decline in the past decade.

Zimbabwe – now reckoned one of the poorest countries in the world – seems to have stumbled through a series of disastrous economic policy errors. Yet the struggles in Zimbabwe overland ownership and the errors in trade policy, fiscal discipline and even financial policy have parallels, more or less close, with the longer and ultimately more successful history of Irish independence.

Keywords: Zimbabwe, Ireland, Post-Colonial, Development

Suggested Citation

Barry, Frank and Honohan, Patrick and Honohan, Patrick and McIndoe Calder, Tara, Postcolonial Ireland and Zimbabwe: Stagnation Before Convergence (June 1, 2009). Institute for International Integration Studies (IIIS) Discussion Paper No. 291, Available at SSRN: https://ssrn.com/abstract=1610301 or http://dx.doi.org/10.2139/ssrn.1610301

Frank Barry

Trinity College (Dublin) - School of Business Studies ( email )

AAP College Green
Dublin 2
Ireland
353-1-896-2311 (Phone)

Patrick Honohan

Independent ( email )

11 Cowper Gardens
+353 1 4979222 (Phone)

Trinity College Dublin - Department of Economics ( email )

Dublin 2
Ireland

Peter G. Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

Centre for Economic Policy Research (CEPR)

33 Great Sutton St,
Clerkenwell,
London, EC1V 0DX
United Kingdom

Tara McIndoe Calder (Contact Author)

Central Bank of Ireland ( email )

P.O. Box 559
Dame Street
Dublin, 2
Ireland

University of Dublin - Institute for International Integration Studies ( email )

The Sutherland Centre Level 6 Arts Building
Trinity College
Dublin 2
Ireland

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