Monday, 28 April 2014

A decline in economic index

Whenever people are talking about economy, they have associated it with money concepts. however the term itself is broad to include how scarce resources are to be delivered and disbarsed throughout a population . Even if a country has so much money, that will not put it at abetter position. it is true that poverty is different   according to region and what those people are lacking but when it comes to money, it just makes things better for other  people but not everyone will have it to buy what ever they need to use for their daily lives. Many countries suffer from different problems from the political to the social and cultural issues that sometimes affect development and infrastructure growth some how.

overthe past 20 years history of freedom index, Zim's  economy has dropped by 13 points. and this is a sign that things are not flowing in the country. Instead of showing a growth in the economic sector, everything is just down. Despite many donors who are coming to the country with so much to offer, most of these projects suffer risks of failure because they are not being drafted  by the people. It is not the people who are calling for them but its these donors who are sort of imposing these projects on us. If anything is imposed on people, seriously,how do we expect these projects to function normally and succeed at the end of the day, when some times people are given things that they do not even need? Am not against the idea of relief aids but it is always best  first to research on the targeted people then take it from there. If this is not done, it is obvious that the projects will not workout.

The situation today did not start yesterday, it was there from the beginning. Poor external policies have costed the country and it has never recovered from the situation that left the currency weak as they sent out troops to help out maintain peace in the DRC. And many people would ask what we were getting in exchange?was it oil, diamonds? if that was so, then why is it that the economy sharply dropped during this period of 1999-2001?

 More to this, years of hyper inflation have crippled enteprenual activity and undermined realisation of the country's economic potential. Adding to the drastic decline of the economic freedom is the inefficient judicial system and general lack of transparency

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