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 ZimbabweMugabe Runs Economy Into the GroundIn March 2002, Zimbabwe was suspended from the
Commonwealth of Nations. That month Mugabe was reelected president for
another six years in a blatantly rigged election whose results were enforced
by the president's militia. In 2003, inflation hit 300%, the country faced
severe food shortages, and the farming system had been destroyed. In 2004,
the IMF estimated that the country had grown one-third poorer in the last
five years.
Parliamentary elections in March 2005 were judged by
international monitors to be egregiously flawed. In April, Zimbabwe was
reelected to the UN Commission on Human Rights, outraging numerous countries
and human rights groups. In mid-2005, Zimbabwe demolished its urban slums
and shantytowns, leaving 700,000 people homeless in an operation called
“Drive Out Trash.” In 2006, the government launched
“Operation Roundup,” which drove 10,000 homeless people out of
the capital.
Since 2000, Zimbabwe has experienced precipitous
hyperinflation and economic ruin. By the end of 2008, inflation skyrocketed
to a mind-boggling 231,000,000%, up from 7,000% in 2007, unemployment
reached 80%, and the Zimbabwean dollar was basically worthless. According to
the World Health Organization, Zimbabwe has the world's lowest life
expectancy.
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