Zimbabwe: Picking up the pieces

Abstract

Formerly one of Africa s most promising economies, Zimbabwe has begun a process of economic reconstruction after decades of political turmoil and economic mismanagement. The advent of a national unity government in February 2009 launched a new but still tentative era of political stability. The government has a daunting political and economic agenda. Top priorities include restoring the rule of law, demonstrating fiscal responsibility, and putting in place macroeconomic and structural reforms to win the confidence of domestic and international investors. An optimistic time frame for its socio-economic recovery is now estimated to be at least ten years. Zimbabwe: Picking Up the Pieces chronicles the steps that led to the downturn of the Zimbabwean state and economy before assessing what can be done to resuscitate a once-thriving society. Leading experts from and on the region explore the country s options on key governance issues, from strengthening institutions to addressing food security to promoting private sector development to mobilizing donor country assistance. This collection offers a unique glimpse into a fragile state and the severe costs Zimbabweans have and will have to endure if there is to be any hope of recovery.