Talk:Economy of Zimbabwe

message: I recently read in the newspaper (Adelaide Advertiser) that inflation is now running at 213,000,000%. Is this true? If so, shouldn't the article be updated?
P.S The BBC also mentions it: http://news.bbc.co.uk/2/hi/africa/7660569.stm
The Advertiser also said that at this rate, in approximately three weeks it will hit 1 billion.
58.106.113.27 (talk) 08:02, 12 October 2008 (UTC)
replies: text: I believe remittances are not part of the GDP anyway, and should not be included. They're usually included in the GNI (Gross National Income), which also includes foreign aid and such. 217.72.81.13 (talk) 10:47, 11 March 2010 (UTC)
thread_title: untitled

message: The opening paragraph states "The economy of Zimbabwe is collapsing under the weight of international sanctions,", then later "However, the only sanctions in place are personal sanctions against about 130 senior Zanu-PF figures; there are no sanctions against trade or investment with Zimbabwe.". This is a massive contradiction in the article. WhiteCat 04:33, 16 September 2007 (UTC)
thread_title: Sanctions

message: Inflation has surpassed that of all other nations at over 80 Sextillion%
Is this correct or is it made up?
See: http://cato.org/zimbabwe
It is correct that the inflation has surpassed that of all other nations (Burma is in second place, with ~40% annual inflation), though the actual number is very difficult to determine. Cato institute gives it's own estimate, which may or may not be correct. I would favor using their numbers, especially since there are no other remotely reliable figures. 193.95.195.91 (talk) 11:43, 4 January 2009 (UTC)
thread_title:  Fake inflation rate? 

message: In 2003 the US placed sanctions as follows (from http://www.treas.gov/offices/enforcement/ofac/programs/ascii/zimb.txt):
Executive Order 13391 prohibits U.S. persons,
wherever located, or anyone in the United States from engaging in any transactions with any person, entity or organization found to: 1.) be undermining democratic institutions and processes in Zimbabwe; 2.) have materially assisted, sponsored, or provided financial, material, or technological support to these entities; 3.) be or have been an immediate family member of a sanctions target; or 4.) be owned, controlled or acting on behalf of a sanctions target.
I can't find the right source to indicate how long EU sanctions have been in place and how exhaustive they are, but from a very quick look on the EU's website, http://ec.europa.eu/external_relations/cfsp/sanctions/measures.htm#Zimbabwe, it seems as though they have been in place since 2004 and I imagine they're very similiar to the US's sanctions.
In addition, Wikipedia also claims that in the land reform article on Zimbabwe,
Prior to land redistribution, land-owning farmers, mostly white, had large tracts of land and utilized economies of scale to raise capital, borrow money when necessary, and purchase modern mechanised farm equipment to increase productivity on their land. The primary beneficiaries of the land reform where members of the Government and their families
In other words:
1. As a result of the land reforms in Zimbabwe, large tracts of land are now in the hands of people loyal to Mugabe, including government officials, members of the military, and their family members.
2. The US & EU embargoed trade with anyone supporting Mugabe.
3. Therefore the EU & US have embargoed almost all agricultural goods produced in Zimbabwe (and then some, like prevented their access to the banking system, and I imagine has stopped them from purchasing many farming related goods like fuel, fertilizer, and machinery).
4. Therefore the EU & US are responsible for the economic collapse in Zimbabwe.
Of course, Wikipedia is not the place for original research, and as far as I know this is original research, but it is a very simple and convincing argument that can easily be checked.
At a minimum, the article is wrong about the scope of who is affected by the embargo, and it dismisses the possibility of the embargo's importance to affect the economy without any real critical investigation:
Mugabe's supporters maintain that economic hardship has been brought about by Western-backed economic sanctions instituted through the United Nations. However, the only sanctions in place are personal sanctions against about 130 senior Zanu-PF figures; there are no sanctions against trade or investment with Zimbabwe.
Wallers (talk) 18:12, 13 February 2009 (UTC)
replies: text: According to the Wikipedia article on Zimbabwe, specifically a map of Zimbabwean expoerts in 2006, Zimbabwe still exports significant percentage of their goods to EU and USA. Their largest trading partner is South Africa, which does not have any sanctions in place. Furthermore, Zimbabwe has other significant trading partners in Japan, China and other neighboring African countries. Therefore the sanctions can not be the cause of the economic collapse. 217.72.81.13 (talk) 10:51, 11 March 2010 (UTC)
thread_title:  EU & US sanctions may be key contributors to the collapse of Zimbabwe's economy 

message: If anyone was under any doubts that there is an inherit western bias in regards to zimbabwe then look no further than this page.  The page starts off with how 'wonderful' the country was during colonisation and goes on to how black rule has messed it up.  Virtually no information is given on the state of the country since tendai biti took over and stabilised the country.  The time period of the economy from April 2009 to june 2010 is virtually BLANK.  Hmm maybe its because its not convenient to see zimbabwe recovering.  No wonder why Africans get upset at this bias from agents.  —Preceding unsigned comment added by 82.17.141.110 (talk) 21:00, 5 June 2010 (UTC)
thread_title: Bias

message: What currency does the government use to pay wages now? USD? ZAR? What about other government transactions? Nil Einne (talk) 13:44, 19 December 2010 (UTC)
replies: text: USD and ZWL, definitely not ZAR Mindthem (talk) 09:45, 14 January 2024 (UTC)
thread_title:  Government wages? 

message: Hello everyone, I am working for the International Trade Centre (ITC). I would like to propose the addition of an external link that could lead directly to the specific country’s trade data held by ITC. I would like you to consider this link under the WP:ELYES #3 prescriptions. Moreover, the reliability and the pertinence of this link can be supported by the following facts 
1) ITC is part of the United Nations
2) No registration is required
3) Trade data (imports/exports) are regularly updated
4) The link gives direct access to the trade database of the specific country
5) The addition of reliable trade data to the Economy section of the country could provide an appropriate contribution to the information therein contained. 
Thank you for your attention.Divoc (talk) 13:12, 20 June 2011 (UTC)
thread_title:  ITC external link on trade data 

message: I've updated several figures from the Economy table in the right corner and removed a lot of outdated info that is no longer relevant. All the data I added is from the CIA world factbook. Ill try to come back and clean some other things up but for now just wanted to get updated and relevant info on the table. I cut quite a bit of things out (4 separate older GDP figures) to keep it in line with the rest of Wikipedia's easy to read economic tables for countries. RedKiowa (talk) 19:32, 20 April 2012 (UTC)
thread_title:  Updating the Article. 

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thread_title:  External links modified 

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thread_title:  External links modified