Giving more money to certain
countries will not necessarily
put that country in a better
involvement in the war in the
Democratic Republic of the
Congo drained hundreds of
millions of dollars.
The Reserve Bank of
Zimbabwe routinely printed
money to fund the budget
deficit, causing hyperinflation.
Let’s take a close look at the current economic
conditions in Zimbabwe and reason why
their economy is on the brink of failure.
GDP - real growth rate
GDP - per capita (PPP)
GDP - composition by sector
Population below poverty line
Unemployment, youth ages 15-24
Water resources and management
Key Environmental Concerns
Environmental policy and manifestation
About half of Zimbabwe is starving to death to due to the
failing agricultural sector.
President Mugabe instituted the Land Acquisition Act in
It was never properly funded.
In 2001 white farmers were immediately forced from
The government replaced a
class of knowledgeable
workers with a group of
farmers with far less
Land Acquisition Act only
amplified a food shortage
crisis that is still one
of Zimbabwe most prevalent
If Zimbabwe cannot provide
itself the basic elements of
survival, such as clean water
and food, there is very little
prospect of any
The largest denomination of the former Zimbabwean
dollars was not able to buy a loaf of bread.
Largest public debt of 240% of country’s GDP.
Inflation rate of 231 million percent in July of 2008.
The price of goods doubles at
least once a day.
Businesses are refusing to use
the currency of the country
The currency is not able to
properly measure the value of
the goods in the market.
It was more expensive to
work than to not work.
High birth rate of 3.72 children born per woman, but the
country is still experiencing negative population growth.
1,800,000 people of the total population is infected with
either HIV or AIDS.
170,000 of those people will die each year.
Country is battling a cholera epidemic that has killed almost
4,000 people since August and infected another 65,000.
the economy will produce far less per-worker than a similar
Many countries, such as the U.S. and Britain have partially
withheld financial support for Zimbabwe.
The legislation that installed Tsvangirai as Prime Minister
will serve as a check of power against President Mugabe
The hyperinflation in Zimbabwe has all but killed the
For years, President Mugabe has been the nation's
Robert Mugabe’s wealth has been estimated to be over a Billion
United States dollars in value.
Just a few years ago Mugabe built a mansion with 25 bedroom
suites for a total cost of $26 to $30 million dollars.
That was the fifth estate Mugabe owned since becoming
The first family also owns a 29room farmhouse estate that
Grace Mugabe saw while
touring the countryside.
The Mugabe’s also own a
penthouse in Malaysia where
Grace also owns a diamondcutting business.
The First Lady of Zimbabwe
makes millions of dollars a
year by stealing diamonds from
her country’s own diamond
mines and selling them.
Robert and Grace recently
bought a large condo in Hong
Kong for their daughter who is
attending school there under a
Robert Mugabe’s house in Hong Kong
Mugabe was presented with a cake said to weigh 89kg (196lb).
The celebrations cost about $600,000 (£400,000).
The nation's central bank governor donated 89 cows to the
The president celebrated it by immortalizing
himself in freshly minted gold coins.
The government would allow
the exchange rate to float for a
period of perhaps 30 days, so that
the market would decide its true
The government could declare some
foreign currency to be the nation's
Stop printing unlimited amounts of
The US dollar, the euro, and the
South African rand are candidates