Browsing: Steve Hanke

Current affairs
What happens when Zuma goes

Anyone who believes there’s a quick fix for South Africa’s political and financial malaise when President Jacob Zuma leaves office needs to think again. His successor will inherit an economy that slid into recession

Current affairs
‘Death spiral’ looms for Zimbabwe economy

Zimbabwe’s crippling cash shortage has left a black hole in the financial system that’s crushing the rest of the economy. “We deposit the cash and it becomes theoretical, ephemeral,” Mohamed Salam, who owns several small stores selling building supplies