Sinking Further
Kenneth Mahuni (),
James Zivanomoyo (),
Puruweti Siyakiya () and
Simba Mutsvangwa ()
Additional contact information
Kenneth Mahuni: University of Mauritius
James Zivanomoyo: Great Zimbabwe University
Puruweti Siyakiya: National University of Lesotho
Simba Mutsvangwa: Bindura University of Science Education
Chapter Chapter 7 in Zimbabwe’s Economy, 2025, pp 157-172 from Springer
Abstract:
Abstract The primary focus of the chapter is to unpack emerging factors in the context of the Zimbabwean economy. These are: emergency of disillusioned millennial generation, rise of Pentecostalism against the worsening economic problems, primary commodity dependence and climate change as well as the cancer of corruption. The chapter clearly shows how these various issues contribute to the complexity of daunting socio economic problems bedevilling the Zimbabwe. Millennial generation is key for the development of any economy given their attributes as critical thinkers, change makers and entreprenuers . In the midst of debilitating economic challenges, the youth of the economy are also paying a price, the consequences are felt by the economy. Further, the chapter looks at the emergency of Pentecostalism movements and their impact on mostly ordinary people as they seek answers to some of the economic problems. Long-standing structural issues of Zimbabwe such as primary commodity dependency are examined in the chapter. Of note are the various missed opportunities the economy has lost on the global stage due to this status such as missing out on integrating value chains, better-quality jobs and also outsourcing opportunities. In addition, the issue of cancerous corruption deep seated in the economy of Zimbabwe is assessed in the chapter. Resolving the development conundrum of Zimbabwe will also rest on how corruption is decisively dealt with.
Keywords: Climate change; Commodity dependence; Corruption; Millennials; Pentecostalism (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-031-81588-1_7
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DOI: 10.1007/978-3-031-81588-1_7
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