Wednesday, December 08, 2004

Business Day

Business Day

Only Mbeki can rescue Zimbabwe

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DICTATORSHIP AND DECAY/Robert Rotberg
ZIMBABWE is in deep, seemingly irreversible decay. How to reverse that plunge from prosperity and growth to stagnation and starvation ought to be of paramount concern to African, European and US policy makers.

After the immediate crises in Darfur and Côte d'Ivoire, Zimbabwe's impending failure will inflict the most damage on Africa. The country is suffering from four years of economic decline, with gross domestic product per capita down about 40% from 2000. Banks are failing. Inflation continues at more than 300%. The leadership is wildly corrupt.

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