Economic Development In Zimbabwe Essay -- essays research papers

Economic Development in ZimbabweThe unpolished of Zimbabwe is cardinal of the most economically developed on the Africancontinent . A fairly green political entity, Zimbabwe has only enjoyedrecognized autonomy since 1980, the year in which the united Kingdom repealedits imperialistic claims to the African nation . Despite its youth the democracyhas achieved a level of economic development uncharacteristic of sub-SaharanAfrican nations. Second only to southwestward Africa in economic development, Zimbabweseconomic system of rules is one indicative of a transitional country, a country fashioningthe transition from dependency underdevelopment to self-reliantindustrialization. The purpose of this essay is to excite a cursory but adequateexamination of Zimbabwean socio-economic and political system, as means toanalyzing the countries economic development. The ultimate purpose of this studyis to provide a toughie of the structure undeniable to achieve economic developmentwhere none previously existed. Zimbabwe is an appropriate model because thedynamics of underdevelopment to development in this country are readily apparent.This model can be useful in understanding underdevelopment in other so called"third-world" countries and in determining what is necessary for these countriesto make the transition to industrialization.GeographyZimbabwe is a landlocked country in the southern, sub-Saharan area of theAfrican continent bordered by South Africa to the South, Botswana to the West,Mozambique to the East and Zambia to the North. With an area of 391,090 km2Zimbabwe is only slightly larger than the state of Colorado. capital of Zimbabwe isZimbabwes capital and largest city with a population of 1,100,000. Containing massive amounts of rare mineralogical resources and possessing a favorable growingclimate Zimbabwes economy is drawn almost as between the mining ofminerals ($2.2 billion) and the production of staples and cash crops ($2.1billion) .PeopleZi mbabweans are comprised of deuce primary pagan groups, the Shona, comprising74% of the population and the Ndebele comprising 20%. Other ethnic black groupsand Asians make up 4% of the population while whites make up just over 1% of thepopulation. Zimbabwe has a population of 10.35 gazillion people with a populationdensity of 24 persons per km2. 1992 census figures bode Zimbabwes growth at3.0% with 90% of this growth ... ...ble workforce. Finally, Zimbabwe participates in non-aligned tradefor non-strategic products much(prenominal) as textiles. This greatly reduces the countrieschance of becoming dependent on a trade partner.ConclusionIn many ways Zimbabwe is a model for third-world economic development. Althoughnot yet fully developed Zimbabwe clearly has the capability to be a full fledgeddeveloped nation. Beyond its vast resources Zimbabwe is structured in a way topromote development. This fact in and of itself distinguishes Zimbabwe from mostother Lesser Developed Countries (LDC). Zimbabwes economic structure is one inwhich they are essentially self-sufficient and trade only for improvement or forconsumer goods. Also they perform trade with many partners with no adeptpartner comprising garnering more than 15% of import or export goods. Bystructuring the Zimbabwes economic system in a way that keeps its partnersdiversified and its imports non-strategic, Mugabe has successfully led hisnation to the path of development. The barriers left to full development arequite minimal compared to the ones already dominated, The structure ofZimbabwes economic system is genuinely a model of economic development.