| Popis: |
The authors examine the first decade of Zimbabwe’s independence from 1980 to 1990 in terms of the country’s economic performance. They show how early robust post-independence economic growth rates soon dropped to more moderate levels, setting the pattern for subsequent years with the economy continually failing to create enough jobs for a growing population, resulting in persistent budget deficits and a growing domestic and foreign debt. They draw attention to early signs of ruling party mistrust of markets and private sector-led growth, and slow progress in the area of land reform which stored up trouble for the future, as well as indications that the ruling party intended to change Zimbabwe’s political governance systems to facilitate the establishment of a one-party system. Tracking the country’s growing economic difficulties during the first decade of independence, they show how these were to eventually compel the ruling party to adopt an economic structural adjustment programme. |
