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The destruction of Zimbabwe, like that of Nicaragua two decades earlier, offers important cautionary lessons for other developing countries.
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Development economists like to study success—how to pull a country out of poverty, how to spur growth, how to improve living conditions—but how do they study a country like Zimbabwe, which has undergone a rapid and devastating...
Without political change, the rule of law and property right protection will not return to Zimbabwe.
The real reason that Zimbabwe has collapsed is that there is no protection of private property. The result is "dead capital" and total economic annihilation.
While political reform is necessary for economic growth, it is not sufficient--only private property right enforcement adds sufficiency for growth.
Zimbabwe needs reinstatement of land rights and compensation to those robbed. Political reform isnecessary but not sufficient;private property rightsare crucialfor economic growth.
Review of three volumes that chronicle Zimbabwe's descent into the heart of darkness.
Is property right protection vital for development and conservation in Zimbabwe and the rest of Africa?



