This website uses cookies to ensure you have the best experience. Learn more

What Are The Main Causes Of High Unemployment In Zimbabwe? How Serious A Problem Is It? Will Land Resettlement And Hiv Aids Ease Or Worsen The Situation? Give Reasons.

1529 words - 6 pages

Introduction:The unemployment rate is the proportion of the economically active population that is unemployed and actively looking for employment. In 1990, Zimbabwe embarked on a programme of Economic Reforms popularly known as Economic Structural Adjustment Programme (ESAP) and 1991-1992 saw one of the worst droughts. With close to 70% of the population living in the rural areas (CSO 1992) and dependent on agriculture for their livelihood, this constituted a major disaster. One result of these events was increased migration to the urban areas by people in search of employment. A further drought in 1995-1996 compounded the effect. Worsening economic conditions plus ever increasing corruption and crime have been the norm since 1995. Unemployment is currently soaring and the current rate stands at 70%. This has been from retrenchments, business closures e.t.c. According to EMCOZ survey, about 6000 jobs in the different sectors of the economy were lost by the end of 2001. The figure for 2002 was much higher as a result of the worsening business environment as the government fails to create opportunities to stimulate industrial expansion.Causes of UnemploymentUnemployment is Zimbabwe has been caused by quite a number of factors. Most of these are mainly because of political reasons. The following are some of the factors that are causing unemployment:Sluggish investment and growthWeak export performancePoor macroeconomic policy environmentThe investment/business climate is unfriendlyPopulation growth rate/age structureThe growth path - reliance on primary products - is suboptimalGeography (proximity to South Africa, no direct access to the sea)Tertiary EducationThese are now explained below:Sluggish investment and growthThe investment and growth of the Zimbabwe Economy has been shrinking of late. This has had a significant impact on the Zimbabwean companies. In the past 3 years, over 500 companies closed operations because of prohibitive operational conditions characterized by high input costs, hard currency shortages, high levels of interest rates, inflationary levels as well as the uncompetitive export market. Both the company and the government has been failing to effectively invest and thereby slowing growth. As a result, this has resulted in massive unemployment.Weak export performanceUsually governments and exporters worry most about the foreign elasticity of demand for the exports. But in Zimbabwe today the most important is undoubtedly the domestic elasticity of supply of exports. This is reflected in the export volume numbers. In 2003, tobacco prices are still virtually unchanged from last year and higher than in previous years, but volumes are down by two-thirds. This then means that if we have very few goods that we are exporting, no we end up having a weak generation of foreign currency which we direly need for all our imports. This has significantly impacted on most organizations who eventually resort to the black market for the foreign...

Find Another Essay On What are the main causes of high unemployment in Zimbabwe? How serious a problem is it? Will land resettlement and HIV-AIDS ease or worsen the situation? Give reasons.

Development Economics: What are the main causes of poverty?

2470 words - 10 pages MEDC's is usually due to poor nutrition, mental illness, drug dependence, crime and high rates of disease. There are many reasons and causes to poverty which some people say it is due to adequate lack of resources on a global level such as land, food , shelter, building materials in order to survive while other believe it is because of uneven distribution of resources around the world. Overall, there are many causes to poverty which is caused

The View that Schools and What Happens Within Them are the Main Causes of Social Class Difference in Educational Achievement

1692 words - 7 pages The View that Schools and What Happens Within Them are the Main Causes of Social Class Difference in Educational Achievement * The reproduction of Social Class inequalities is the idea that working-class children don’t succeed as well as middle-class children in education and do not possess the cultural capital required. (b) * Financial Factors – Some parents may earn more money than others

What Caused the high level of unemployment in the interwar period in Britain? Could the government have done more to cure the problem?

1446 words - 6 pages areas of high unemployment in the north and west of Britain. Many people were unwilling or unable to move to find a job. They found it hard to get housing they could afford, and many simply did not want to leave the areas they lived in.In 1936 John Maynard Keynes published his book "General Theory of Unemployment". This addressed the problem of demand deficient unemployment. He suggested that the reason for long term unemployment was due to

Explain how mortgage backed securities are issued. Present evidence of the main issuers of these securities and explain the main reasons they issue these bonds

948 words - 4 pages years and then explained how mortgage backed securities are issued. In the following it talked about the reasons why the main issuers issued the bonds. In the end, it described the main forms of bonds which were issued by (non-financial) companies, evaluated the size of the bond market in that segment and the usage of 'credit wrapping' of corporate bonds as well.ReferencesRBA chartpack http://www.rba.gov.au/ChartPack

What are the main reasons why women are more likely to be in poverty than men since 1945

455 words - 2 pages Causes of Poverty to WomenThe feminisation of poverty has meant a higher percentage of women than men are likely to experience poverty throughout their lives (TUC). Society views a husbands income as primary to be shared amongst the family and a wife's role as domestic worker and carer (Brown: 1983). The male control of economic power within the family can cause unequal resource access, with acute cases resulting in a wife's poverty when her

HIV/AIDS - Description, causes, statistics etc

969 words - 4 pages viruses are very similar and are transmitted the same way. However HIV only causes AIDS in humans and SIV only causes AIDS in monkeys. The SIV virus is found in blood. HIV must have entered humans via monkey blood. This could've happened by humans drinking monkey blood, eating raw monkeys or another direct exposure of monkey blood into humans (Sowadsky). There are some theories that AIDS is a man-made virus created by the government. According to

What were Australia's fears of Asian nations 1900-2000? Give reasons why such fears were perpetuated. Explain how and why attitude about Australia's relations with Asia are changing

1357 words - 5 pages journalists were killed in East Timor while covering the conflict. It is still precisely unknown today how they really died. Because it is in Australia's interest to keep good relationship with Indonesia, the rule over was recognised in 1978.Nevertheless, in the years that followed, violence and disorders occurring in East Timor as they fought for their independence from Indonesia. After the fall of President Suharto in 1997 and many years of international

The capital-intensive nature of the economy, high levels of market concentration and the high level of unemployment - are Marx's predictions coming true for South Africa?

2086 words - 8 pages In this essay I will attempt to illustrate how the capital-intensive nature of the economy, the high levels of market concentration and the high level of unemployment in South Africa are both related yet at the same time have many other independent variables accounting for them. I will compare this with the Marxian concept of economics, and will start by examining exactly what Marx's beliefs were and, therefore, how they lead to his predictions

Are HIV/AIDS Carriers Suffering from Discrimination?

1841 words - 7 pages doesn't matter what setting discrimination takes place in, lack of knowledge regarding HIV is more than likely the main reason they were treated unfairly in the first place. If society as a whole was more educated on the virus, people with it probably would be treated like people without it. The stories of the individuals mentioned previously proved that people with the virus are still facing discrimination in school, at work, and in their social

AIDS/HIV in South Africa Write an essay about a problem in a specific country in Africa

873 words - 3 pages Africa, and AIDSLink are trying to find a permanent cure for AIDS. Finding a permanent cure for AIDS and HIV in South Africa is extremely important because it is so easily transferred. Now that it is here the only thing we can do is to destroy it.The plan is through and is 100 percent useful. However, people make their own choices and that cannot be stopped. If people don't want to listen to how they can prevent themselves from getting HIV and go out and do what they want then so be it. However, if people listen to this three-step plan, only good will come out of it.

Should HIV/AIDS epidemic be viewed purely as an economic problem? Would this facilitate a speedier resolution? South African Economics

2065 words - 8 pages is, "how long will our economy continue to grow?" With an expected large scale roll out of antiretroviral treatment(ARV's) that is unparalleled by any other low or middle income country and an ever increasing health care budget, Government appears to be tackling the pandemic head on (ASGISA, 2006). However in light of the recent world Aids conference coupled with our own President's non committal stance on whether HIV causes Aids, mixed signals as

Similar Essays

Hiv/Aids In Zimbabwe Essay

1178 words - 5 pages , affecting individuals in both developing and developed countries. Each year millions of new infections and deaths occur globally. According to UNAIDS preventative measures that have been taken in Zimbabwe are showing a decline in the occurrence of HIV (UNAIDS, 2010). However, it was estimated that in 2009, 1.1 million adults and children in Zimbabwe were living with HIV/AIDS, from a total population of 12 million (UNAIDS, 2010).PathogenesisHIV is

Aids & Hiv The Causes Effects And Types Of Possible Treatments

1406 words - 6 pages is basically used to see how the virus works and to try and get a better look at the AIDS virus.Treatment for the virus is different from person to person because people are not alike. Because people are different the diseases progression in each person is different also. Doctor will do many tests to determine what types of treatments are best for each individual person. There are many different kinds of drugs used to treat HIV and AIDS that are

Aids/Hiv Problem In South Africa. Tackling The Problem From A New Perspective

2078 words - 8 pages The Price of Life in the Name of GlobalizationIs there a price for life? If so what is it? The issue here concerns South Africa's growing HIV/AIDS patients. The world non-the-less isn't doing much about the situation that only seems to be getting worse. South Africa already has the highest growing HIV/AIDS rate in the world. The pharmaceutical companies offered very little medical donations or help, they ended up doing quite the opposite. When

Hiv/Aids Epidemic The Major Causes And Possible Correspondence

666 words - 3 pages Since the first clinical evidence of AIDS was reported two decades ago, HIV/AIDS has spread to every corner of the world. Economic insecurity, displacement caused by conflicts and disasters, illiteracy, violence and abuse, and social exclusion are only part of the numerous factors contributing to the HIV/AIDS prevalence. HIV/AIDS affects both rich and poor citizens in both developed and developing countries, and it is one of the biggest