Talk:Economy of Zimbabwe

From Wikipedia, the free encyclopedia

Portal	Economy of Zimbabwe is within the scope of WikiProject Zimbabwe, which aims to improve Wikipedia's coverage of Zimbabwe and Zimbabwe-related topics. If you would like to participate, visit the project page.
Start	This article has been rated as start-class on the quality scale.
Top	This article has been rated as top-importance on the importance scale.
To-do list for Zimbabwe: This article has been rated for quality and/or importance but has no comments yet. If appropriate, please review the article and then leave comments here to identify the strengths and weaknesses of the article and what work it will need.

In calculating GDP per capita, there is a problem with Zimbabwe.

Currently 3-4 million Zimbabweans have fled the country due to the unstable political and economic conditions.

These Zimbabweans contribute greatly to the economy in the form of forex remittances home.

Question:

Do we include these 3-4 million in the popluation count for purposes of the GDP per capita?

If not, do we exclude their remittances as part of the GDP?

Also, there are two exchange rates: Official (revalued) ZWD 250 per USD and Parallel about revalued ZWD60 000 000 (revalued)March 2008 per USD.

If we use GDP based on exchange rate, which rate do we use?

If we do NOT use GDP based on exchange rate, do we use the PPP?

Blair 15 Sept 2006

[edit] Sanctions

The opening paragraph states "The economy of Zimbabwe is collapsing under the weight of international sanctions,", then later "However, the only sanctions in place are personal sanctions against about 130 senior Zanu-PF figures; there are no sanctions against trade or investment with Zimbabwe.". This is a massive contradiction in the article. WhiteCat 04:33, 16 September 2007 (UTC)

Quite right, it is. The sanctions are specific to ZANU-PF cabinet members, and has no effect on the economy of Zimbabwe. Darkmind1970 11:00, 17 September 2007 (UTC)