1 September

Professor Steve Hanke, economist at Johns Hopkins University, shared an article on the political and economic crisis in Zimbabwe.

Reuters report that Western diplomats have raised concerns over the country, which has been suffering with inflation at more than 800%.

Nurses have been on strike in the country and several political opponents have been arrested raising concerns over human rights violations and use of authoritarian tactics.

Diplomats note that the pandemic must not be used as an excuse for restricting the freedom of citizens.

Hanke opines that Zimbabwe is on the verge of collapse under these conditions.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Meanwhile, China is the only country projected to growth amid the pandemic in 2020. The country, however, may not be growing through demand but rather through public debt and foreign debt.

Daniel Lacalle, chief economist at Tressis SV, tweeted on how the weak consumption recovery and high inventory in China do not indicate GDP growth in the country as suggested by headlines.
Read more