(African Economic Research Consortium, 2021-08) Makena, Philton
The study investigates the impact of changes in banking industry competition
on the industry's stability in Zimbabwe using a sample of eighteen banks
for the period 2009-2017. The period of study coincides with an era when
the country experienced growth and stability (under full dollarization) after
a decade of an economic crisis (prior to full dollarization). First, the study
employs a modified version of the Boone (2008) indicator to establish the
evolution of competition. Second, the Z-score is employed to investigate the
nexus between banking industry competition and stability in the country.