Magic Bullet or Curse? Implications of Dollarization on Schools in Masvingo Province, Zimbabwe
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Abstract
Studies on dollarization have sought to understand its implications on trade, economic policy, economic stability, the banking and financial sector, service delivery among others while surprisingly negating education. This paper explores the ramifications of dollarization on education in general and schools in particular. This research was carried out in one purposively selected district in Masvingo province, Zimbabwe. Data was generated from twenty semi-structured interviews as well as 100 questionnaires in a mixed method research approach. The findings of the study revealed that dollarization positively impacted on infrastructure, furniture, teacher motivation and on learning in schools. However, it also emerged from the study that on the negative side dollarization correlates with the increase in the cases of financial misappropriation and corruption in schools.