Situation worsens in Zim
Threats of live ammunition and the involvment of Zimbabwe's brutal army have been issued to anyone that opposes the government's "clean up" operations. This while it is still unclear whether this latest campaign of violence is in retribution for the MDC's urban sweep in the March Polls, or from the need to minimize the informal market's threat to the government's "look east" and foreign exhange policies.
Instead of their misguided efforts at protecting what has become a mercantilist economy from the informals, the government should embrace the informal market and it's creative resourcefulness to drag the economy out of the doldrums. This happened in Peru as Hernando De Soto chronicles in this book, a must read for anyone interested in development economics.
Zimbabwe, Zimbabwe Economy,
Instead of their misguided efforts at protecting what has become a mercantilist economy from the informals, the government should embrace the informal market and it's creative resourcefulness to drag the economy out of the doldrums. This happened in Peru as Hernando De Soto chronicles in this book, a must read for anyone interested in development economics.
Zimbabwe, Zimbabwe Economy,
