Publisher's Synopsis
By the dawn of independence in 1980, Zimbabwe had one of the most structurally developed economies and state systems in Africa and was classified as a middle-income country. In 1980, Zimbabwe's GDP per capita was almost equal to that of China. More than 30 years later, Zimbabwe had regressed to a low-income country with a GDP per capita among the lowest in the world. With these dark economic conditions, discussions concerning structural problems of a country once cited as Africa's best potential are reignited. Shumba interrogates the ruling elite political reproduction, modes of accumulation across key economic sectors and implications for development outcomes. The book raises some pressing questions in search of answers. If Zimbabwe was the golden darling after independence, why did this happen? Was it inevitable? What were the crucial choices made that led to it? Did the ruling elite know that their choices would lead to Zimbabwe's developmental decline?
