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The curse is real in Zimbabwe: economic sanctions must go!

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  • NYONI, THABANI

Abstract

Zimbabwe’s economic hara-kiri has become so stupendous that it can no longer be addressed without dealing with economic sanctions first. If nothing is done now, Zimbabwe will continue to sink deep down into the sanctions-induced economic doldrums. To set Zimbabwe on a genuine economic recovery path, economic sanctions must be removed first. Empirical evidence indicates that economic sanctions are not only predatory but also cancerous for any economy and they must be removed. This study shows that economic sanctions imposed on Zimbabwe are detrimental to the economy; hence the urgent need for their removal. On the other side of the same coin, this paper also argues that the economic sanctions imposed on Zimbabwe are also backfiring against the imposers. Therefore, there is absolutely no need for their continued imposition since the sender-countries are also being hurt by the same sanctions! However, the need to “call a spade a spade” in handling the “issues” being raised by the sanctions-imposing countries is not unimportant given the gravity of the “sanctions game” in Zimbabwe. As Zimbabweans continue to lobby for the immediate removal of economic sanctions, this paper offers four-fold policy recommendations in order to boost Zimbabwe’s resistance to economic sanctions.

Suggested Citation

  • Nyoni, Thabani, 2019. "The curse is real in Zimbabwe: economic sanctions must go!," MPRA Paper 96911, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:96911
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    File URL: https://mpra.ub.uni-muenchen.de/96911/1/MPRA_paper_96911.pdf
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    References listed on IDEAS

    as
    1. Drezner, Daniel W., 2000. "Bargaining, Enforcement, and Multilateral Sanctions: When Is Cooperation Counterproductive?," International Organization, Cambridge University Press, vol. 54(1), pages 73-102, January.
    2. Seung-Whan Choi & Shali Luo, 2013. "Economic Sanctions, Poverty, and International Terrorism: An Empirical Analysis," International Interactions, Taylor & Francis Journals, vol. 39(2), pages 217-245, April.
    3. Dursun Peksen & A. Cooper Drury, 2010. "Coercive or Corrosive: The Negative Impact of Economic Sanctions on Democracy," International Interactions, Taylor & Francis Journals, vol. 36(3), pages 240-264, August.
    4. Oechslin, Manuel, 2014. "Targeting autocrats: Economic sanctions and regime change," European Journal of Political Economy, Elsevier, vol. 36(C), pages 24-40.
    5. Kaempfer, William H. & Lowenberg, Anton D., 2007. "The Political Economy of Economic Sanctions," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 2, chapter 27, pages 867-911, Elsevier.
    6. T. Clifton Morgan & Navin Bapat & Valentin Krustev, 2009. "The Threat and Imposition of Economic Sanctions, 1971—2000," Conflict Management and Peace Science, Peace Science Society (International), vol. 26(1), pages 92-110, February.
    7. Ruth Bolline Aluoch, 2015. "The Paradox of Sanctions Regime in Sudan," Insight on Africa, , vol. 7(1), pages 71-83, January.
    8. repec:rfa:journl:v:7:y:2019:i:1:p:28-39 is not listed on IDEAS
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    More about this item

    Keywords

    Economic sanctions; sanctions; Zimbabwe;

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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