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1/
Key take aways from the GDP debate.
(a) Agriculture is NOT the anchor of Zim Economy. It’s diasporan Remittances.
(b) Commandist policies serve to destroy agriculture, what is needed are market reforms & market led policies.
Agriculture in Zim is politics & NOT economics
Key take aways from the GDP debate.
(a) Agriculture is NOT the anchor of Zim Economy. It’s diasporan Remittances.
(b) Commandist policies serve to destroy agriculture, what is needed are market reforms & market led policies.
Agriculture in Zim is politics & NOT economics
2/
Eg 20 years after land reform what stops the state from title deeds for ALL Zim land?
What in commerce is an offer letter?
If Zim land had title then capital formation would start.
Then remittances would increase & turn to investments.
Eg 20 years after land reform what stops the state from title deeds for ALL Zim land?
What in commerce is an offer letter?
If Zim land had title then capital formation would start.
Then remittances would increase & turn to investments.
3/
(c) Zim at its peak received US$750m in FDI. Most of which comes as overstated machinery by buccaneer businessmen. The state bends backwards for this capital.
In a bad year with all sorts of restrictions Zim gets US$1bn in diaspora remittances. A good year US$2bn. As CASH!
(c) Zim at its peak received US$750m in FDI. Most of which comes as overstated machinery by buccaneer businessmen. The state bends backwards for this capital.
In a bad year with all sorts of restrictions Zim gets US$1bn in diaspora remittances. A good year US$2bn. As CASH!
