Zimbabwe: We have what we need to start our development


Our current political and economic situation does not make it easy for us to map and prioritise a way forward for our country.There is both political pressure and a temptation to want to do everything because it is assumed that people want everything achieved at once, impossible as it may be.The end result is that nothing will be achieved at the end of the day even, when people remain in positions of power.

Two main agenda items cloud the space today; political reforms and pressure to revive the economy. Deciding on which one to prioritise is a major subject for debate.But, one thing is certain, development is not an aspect of basic economics but political power.Political power decides on the means and methods to acquire or create wealth and how it is going to be managed. A weak economy, in most cases, reflects a weak political leadership.

Wealth is created by either acquiring coercively or transactionally what one does not have or converting from zero to something of economic value by exploiting natural resources through beneficiation into commercial value for existing market.Slave trade and colonialism, evil as they are, were wealth acquisition methods deployed by western countries to strengthen their economies.They were political ideas deployed by western political powers to spruce up their economies.Now that their economies have been sanitised, it now appears as if the same western countries are the best in global trading and managing economies.

 Times have changed. Slave trade and colonisation are long expired.Weak as we are, we would not be able to colonise anyone. But still how does a country such as Zimbabwe, attempting to emerge from the economic rabbles of failed politics generate wealth and economic growth.It is seemingly a tough question for which most African countries have tended to resort to donated narratives such as opening space for foreign investment.We have heard those tunes before and we have responded by a consensual chorus, as if it has worked somewhere before.

That African leaders have failed to do well in this area is understandable, though not justifiable.We lack the experience in building national wealth because the economic culture that underpins it is foreign to us and controlled elsewhere.For that reason, there has been a growing tendency to resort to Asian countries for examples of how they have acquired, embraced and domesticated the western economic culture in their systems and cultures.

A key and yet basic lesson drawn from the Asian experience is that ideas can be borrowed and adapted without inviting the entire foreign investment system.Such an approach presumed that, even if you borrow ideas, you still need to work with what you have to get what you need.If you don’t have what you need in order to implement your ideas, acquire from those who have without dragging their exploitative cultural strings with you.

 

 



Source: The News day,Zimbabwe
Monday, 15 January 2018

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