Here is a country that was going through tremendous social and political upheaval, with unemployment reaching 80 percent of the workforce and a GDP that had fallen by 40 percent. This followed controversial land reform that subdivided farms and led to the collapse of food production. Government had to rely on food imports and IMF lending – another case of external debts. With food scarcity and government and the private sector competing for a much reduced supply, prices were pushed up.
Zimbabwe hyperinflation
