Elections in Zimbabwe
A glimmer of hope
This month's elections might see Mugabe step down - and that would be a good thing
The Economist
Published: Monday, March 24
For the first time in 28 years of increasingly reckless and vile rule, Zimbabwe's Robert Mugabe looks as if he might go. But only might.
He has rigged elections before the one on March 29. He has ruined his country. He has the ruthless, delusional fanaticism of a clever man who is frightened of being toppled -- and perhaps put on trial for his copious human-rights abuses.
But this time there is at least a chance he might quit. And if he does, the West, along with Zimbabwe's comparatively very rich big neighbour, South Africa, and its increasingly prosperous small one, diamond-wealthy Botswana, should get together, with institutions such as the IMF and the World Bank, to pile in as generously as possible with advice, cash and, of course, some minimal conditions.
When inflation is running at more than 100,000 per cent a year, even the cleverest economists are hard-put to know what to do. In Zimbabwe, the black-market exchange rate is nearly 10 times the official one.
Much of the economy is now informal. Some 80 per cent of the people are no longer in officially counted jobs. To an extent, the economy is already becoming dollarized.
Labels: butcher mugabe, Elections, Zimbabwe









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