Mugabe: victim of the IMF and World Bank?
- PMID: 12179463
Mugabe: victim of the IMF and World Bank?
Abstract
PIP: This paper discusses the role of President Robert Mugabe on the economic crisis in Zimbabwe. It is noted that President Mugabe adopted the Economic Structural Adjustment Programme in 1990. The introduction of this program had more to do with the demands of major exporters, such as White farmers and multinational companies, and the demise of socialist thinking than with any high ideals of altruism. As part of the market strategy, the government removed food subsidies, deregulated the exchange rate, and increased education and health fees. Such moves contributed to the existing crisis in the country, in which access to fertile land has become a matter of survival for many of the 7 million people caught within overcrowded and environmentally degraded communal lands.
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