Heavy Lifting - thoughts and web finds by an economist
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Monday, October 01, 2007

Property rights matter - Zimbabwe edition

This Guardian article describes the pending food disaster in Zimbabwe. What used to be one of the gems of Sub-Saharan Africa is now in meltdown.
Zimbabwe's bakeries have shut and supermarkets have warned there will be no bread for the foreseeable future as the government admitted that wheat production had collapsed following the seizure of white-owned farms.

The agricultural ministry announcement that the wheat harvest is only about a third of what is required, and that imports are held up by lack of hard currency, came as a deadline passed today for the last white farmers to leave their land or face prosecution for trespass.

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