Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe

Informal cross border trade (ICBT) is a viable economic activity that many people in Zimbabwe depend upon for their survival during times of economic hardship. The research examined the livelihood outcomes of ICBT during the multi-currency era and prior to the extensive use of the virtual cash econo...

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Main Authors: Dzawanda, Beauty, Nicolau, M. D, Matsa, Mark, Kusena, W
Format: Article
Published: Routledge 2021
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Online Access:https://www-tandfonline-com.access.library.msu.ac.zw/doi/full/10.1080/08865655.2020.1865187?scroll=top&needAccess=true
http://hdl.handle.net/11408/4123
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author Dzawanda, Beauty
Nicolau, M. D
Matsa, Mark
Kusena, W
author_facet Dzawanda, Beauty
Nicolau, M. D
Matsa, Mark
Kusena, W
author_sort Dzawanda, Beauty
collection DSpace
description Informal cross border trade (ICBT) is a viable economic activity that many people in Zimbabwe depend upon for their survival during times of economic hardship. The research examined the livelihood outcomes of ICBT during the multi-currency era and prior to the extensive use of the virtual cash economy in Zimbabwe. Data collection instruments comprised closed and open-ended questionnaires, focus group discussions and semi-structured interviews with 497 traders at flea markets in Gweru, Zimbabwe. Results revealed that during the cash economy, ICBT generated livelihood outcomes through the exchange of cash, allowing traders to acquire land and goods and to provide employment. The study recommended the simultaneous use of the virtual cash economy and a cash economy to provide sustainable livelihood outcomes for all stakeholders. In addition, it is recommended that the government of Zimbabwe should integrate ICBT into the mainstream economy by formalization through economic policy.
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spelling ir-11408-41232022-06-27T13:49:06Z Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe Dzawanda, Beauty Nicolau, M. D Matsa, Mark Kusena, W Informal cross border trade livelihood outcome cash economy informal sector Gweru Informal cross border trade (ICBT) is a viable economic activity that many people in Zimbabwe depend upon for their survival during times of economic hardship. The research examined the livelihood outcomes of ICBT during the multi-currency era and prior to the extensive use of the virtual cash economy in Zimbabwe. Data collection instruments comprised closed and open-ended questionnaires, focus group discussions and semi-structured interviews with 497 traders at flea markets in Gweru, Zimbabwe. Results revealed that during the cash economy, ICBT generated livelihood outcomes through the exchange of cash, allowing traders to acquire land and goods and to provide employment. The study recommended the simultaneous use of the virtual cash economy and a cash economy to provide sustainable livelihood outcomes for all stakeholders. In addition, it is recommended that the government of Zimbabwe should integrate ICBT into the mainstream economy by formalization through economic policy. 2021-05-06T12:25:19Z 2021-05-06T12:25:19Z 2021 Article 0886-5655 https://www-tandfonline-com.access.library.msu.ac.zw/doi/full/10.1080/08865655.2020.1865187?scroll=top&needAccess=true http://hdl.handle.net/11408/4123 Journal of Borderlands Studies Volume 36 , Issue 3; open Routledge
spellingShingle Informal cross border trade
livelihood outcome
cash economy
informal sector
Gweru
Dzawanda, Beauty
Nicolau, M. D
Matsa, Mark
Kusena, W
Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe
title Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe
title_full Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe
title_fullStr Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe
title_full_unstemmed Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe
title_short Livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in Gweru, Zimbabwe
title_sort livelihood outcomes of informal cross border traders prior to the rise of the virtual cash economy in gweru, zimbabwe
topic Informal cross border trade
livelihood outcome
cash economy
informal sector
Gweru
url https://www-tandfonline-com.access.library.msu.ac.zw/doi/full/10.1080/08865655.2020.1865187?scroll=top&needAccess=true
http://hdl.handle.net/11408/4123
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