How bad government can ruin a country: the case of Zimbabwe

From
https://crawford.anu.edu.au/news-events/events/13176/how-bad-government-can-ruin-country-case-zimbabwe

Speaker: David Gadiel is a Senior Fellow in the Health Program at The Centre for Independent Studies. He emigrated from Zimbabwe (then Southern Rhodesia) in the 1960s and is a former development economist.

Date & time:
Tuesday 30 October 2018
2.00pm–3.30pm
Venue:
Seminar Room 2, Crawford School of Public Policy, 132 Lennox Crossing, ANU

“The history of Zimbabwe is a portrait of decay and mismanagement that ruined a once-thriving economy. With its sophisticated institutions, a stable banking system, a manufacturing base and a highly-capitalised farming industry, Zimbabwe inherited the richest, most developed land in Africa after South Africa. An economic history of Zimbabwe thereafter provides a classic example of how populism can trump reason; how readily world leaders who should have known better became so easily beguiled; and how a false god became a liberation icon to fellow African leaders. It is a sad story often neglected, partly because ‘optimists’ in the West, who had enthusiastically greeted the birth of Zimbabwe and the incumbency of Mugabe, became reluctant to accept their error.”

Contacts:
Ross McLeod, Seminar Convener
seminars.economics@anu.edu.au

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