Development Banks & Industrialisation in Zimbabwe

Journal article

Authors / Editors

Research Areas

No matching items found.

Publication Details

Publisher: Research and Reviews International Journals

Publication year: 2017

Journal: International Journal of Innovative Research in Science, Engineering and Technology (2347-6710)

Journal acronym: IJIRSET

Volume number: 6

Issue number: 4

Start page: 5126

End page: 5133

Number of pages: 8

ISSN: 2347-6710

eISSN: 2319-8753

View on publisher site

Abstract

Development banks’ role in the development of less developed regions is well recognised but inadequately emphasised as these institutions help to promote, nurture and support industrial development. The main objective of this paper is to determine the role of development banks in promoting industrialisation in Zimbabwe. Multivariate regression analysis using e-views 3.1 was engaged to analyse time series data on the roles of development banks in Zimbabwe. As statistically verified, development banking activities have not been so influential on fixed capital investment. For this reason, if national development banks are to partner with the regional development banks, there is likelihood of structuring long term funding, allowing the country to target meaningful industrialisation projects.

KEYWORDS: Development bank, Industrialisation, Fixed capital investments, Development investment credits Zimbabwe

Keywords

No matching items found.

Documents

No matching items found.