Introduction to International Politics
Foreign Event Analysis
Locale | Zimbabwe | |
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Title |
Inflation in Zimbabwe
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Summary |
Over the past year Inflation in Zimbabwe has grown to be one of the worst inflation issues in history. Independent economists say that inflation has risen 40 million percent (However economists within Zimbabwe say it is only 11.2 percent). Had the Zimbabwe government not altered the actual comparison of Zimbabwe bank notes to a dollar, it would be one dollar to one trillion. Many people have given up going to their jobs because their salary does not even pay for their bus fare to heir job, let alone put food on the table for their family. It has been compared to a Darwinian type of lifestyle, where only the strongest and cleverest will survive. People have resorted to selling anything that they grow in their gardens, or buying a pack of cigarettes and selling them individually for a profit in order to have some type of meal a day.
The government recently introduced a 10,000 and 20,000 dollar bank note in order to alleviate some of the financial tension on the people in Zimbabwe. However over 80 percent of the country is below the poverty line still and there is not a foreseeable end in sight.
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Analysis |
With over 80 percent of Zimbabweans living under the poverty line, and not able to feed their families, let alone themselves, there needs to be an international intervention. The economy has faltered, but can be restored with help from other countries and time to get back to where it once was. Zimbabwe was once one of the flourishing countries in Africa, with a superb school system. Now the majority of the teachers cannot even afford to continue their jobs because the cost of living and transportation is more than their salary.
However the issue of hunger and homelessness can be subsided with the help from other African countries or countries around the world. With help from the UN, the country could help alleviate the immediate problem of sick Zimbabweans, and help keep them on their feet. If there is no intervention then many people will no longer go to work, and this is including the sanitation workers. Since the sanitation workers have stopped going to work there have been copious amounts of trash piling in the streets, and the water is becoming polluted. If something is not done, not only will the economy in Zimbabwe falter even further, but disease will break out and continually destroy the nation for an extended period of time.
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Perspective | Liberal | |
In-Region URL | ||
Out-of-Region URL | ||
Submitted | October 2, 2008 at 09:46 am |