After presiding over economic decline marked by hyperinflation which brought Zimbabwe to its knees, president Mugabe and his Zimbabwe African National Union – Patriotic Front (ZANU-PF) party have emerged as victors in the recent harmonized elections in Zimbabwe. Mugabe got 61% of the vote and his ZANU-PF party won 158 of the 210 parliament seats, giving it a two-thirds majority in the legislature. In order to understand what this means for Zimbabwe’s future, the Harvard Africa Policy Journal has obtained an exclusive telephone interview with the outgoing member of parliament of the opposition Movement for Democratic Change (MDC) from Bulawayo, Mr. David Coltart.
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Malaysia at a Crossroads: Diagnosing Constraints to High-Income Status In 2008, Malaysia was recognized by the Growth Commission – a distinguished panel comprising 2 Nobel Prize Winning Economists and other leading development practitioners – as one of thirteen countries that sustained high growth in the post-war period. The 30-year stretch that caught the attention of the Growth Commission was between 1967 and 1997 when Malaysia grew at an average of 7.3% per year. This long stretch of growth was interrupted by periods of external shocks including the Volcker shock of 1986, the Asian Financial crisis in 1997/8, later the so-called Dot Com Bubble of 2001, and more recently the Global Financial Crisis of 2008. Despite these shocks, Malaysia remained resilient - formally earning the title "Upper Middle Income Country" in 1992. (See summary figure that breaks down the country's per capita growth story). As...
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