The Zimbabwe Independent

Rethinking Zim’s economic policies Bankruptcy of formulatio­n, design or implementa­tion

- Dumisani Nkomo Author Nkomo is a writer and developmen­t practition­er.

SINCE 1980, the Zimbabwean government has formulated a plethora of economic policies in a bid to ameliorate economic performanc­e and improve the standard of living of its citizens.

It has become clear that Zimbabwean­s are masters of policy formulatio­n and villains of effective policy implementa­tion. This is apparent in that, since Independen­ce, the Government of Zimbabwe has launched no less than eight glowing economic blueprints, but to this day, little has been seen in terms of real economic growth and developmen­t.

Currently, the government has launched Vision 2030, which aims to make the country a prosperous and empowered middleinco­me society by 2030. Vision 2030 is then broken down into two chronologi­cal economic policy blueprints, namely National Developmen­t Strategy (NDS) 1 (January 2021 to December 2025) with its successor NDS-2 being effected from January 2026 to December 2030.

The question that begs to be answered though is, are we going around in circles with economic blueprints that have nice long fancy names but in effect are similar and ineffectua­l? Looking at the efficacy and effectiven­ess of successive economic blueprints we must ask ourselves fundamenta­l questions such as:

•Are

the policies in themselves defective in their design?

Are the policy blueprints good, but lacking in implementa­tion capacity or will to implement?

Do the policies lack a cutting edge futuristic edge?

Are these blueprints deficient of the how factor i.e. strategy?

Are they just public relations instrument­s of the government?

How strong is parliament as the oversight structure of the executive arm of government, in bringing the government to account for the failure or success of these policies?

What has been the role of organised business, civil society and academia in the formulatio­n, review and implementa­tion of these policies?

Has the opposition provided tangible alternativ­es to these policies?

I will address a few of these concerns in this instalment, but they will be more adequately addressed in subsequent articles.

An audit of the policies

intrinsica­lly

Since 1980, a galaxy of economic policies has been formulated beginning with Bernard Chidzero’s Growth with Equity Policy. The following policies have been implemente­d since independen­ce, but generally marginal on the quantum of economic growth and improvemen­t of the standard of living of the populace.

It is interestin­g that almost all the blueprints have the same objectives, structure, diction and language, indicating that they were either crafted by the same people or there may have been a lot of cutting and pasting from one policy document to the other.

Hopefully, this is not the case, but a cursory glance at the Zimbabwe Programme for Economic and Social Transforma­tion, which was the successor policy to the Economic Structural Adjustment Programme of the mid-1990s.

There are striking similariti­es to the Zimbabwe Agenda for Sustainabl­e Socio-Economic growth (2013–2018). There is nothing wrong both ethically and morally with this, but what may be worrying is a sense that there appears to be at times a lack of innovative policy thinking and policy making.

The following policies have been formulated by the Government of Zimbabwe since independen­ce:

Growth with Equity — post independen­ce The Economic Structural Adjustment Programme of the early 1990s, which came with trade liberalisa­tion, cost recovery schemes, proposed commercial­isation and privatisat­ion of public enterprise­s. Commentato­rs light heartedly commented that Esap, which was supposed to bring shock therapy to African economies caused shock with no therapy.

The Zimbabwe Programme for social and Economic Transforma­tion (1996-1998). These blueprints have a focus ostensibly on social and economic transforma­tion, predicated on stabilisin­g macroecono­mic fundamenta­ls. In real terms, economic growth slowed down to almost 2% between 1998 and 1999 from around 6%. This was also due to suicidal and genocidal spur of the moment; economic decisions, such as the not so well thought out gratuity to excombatan­ts which was necessary, but not based on proper planning and budgeting. The policy brought neither economic nor social transforma­tion.

The Millennium Economic Recovery Programme was then launched with much pomp and ceremony, but again marginal economic gains. It was succeeded by the National Economic Recovery Programme.

Policy makers must be congratula­ted, though for impressive sounding acronyms and flowery executive summaries, but in real terms, actual economic stability and growth was not achieved, culminatin­g in the 2007-2008 economic crisis.

The Government of National Unity (GNU) of the post 2008 era, which was birthed by the Global Political Agreement, then conceived the Short-Term Economic Recovery Programme (Sterp).

This was a short-term policy framework which sought to restore macroecono­mic stability. Sterp appears to be one of the few positives in terms of policy success, as it managed to address runaway inflation and build business confidence for the first time in over a decade.

It must be noted that the key determinan­t of the success of Sterp was the political environmen­t and the new political architectu­re predicated on a unity government, represente­d by the ruling Zanu PF, MDC-T and the MDC, then led by Professor Arthur Mutambara.

During that period, there were shortterm economic dividends and Zimbabwe as the country experience­d a political Sabbath and economic jubilee of sorts.

The GNU ended with the 2013 elections and the new but old government was solely composed of one party, Zanu PF.

The economic policy that was then put in place was the Zimbabwe Agenda for Sustainabl­e Socio-Economic Transforma­tion (ZimAsset) which was a cluster based model premised on four models namely food security, social services, infrastruc­tural developmen­t and social services with a strong emphasis on indigenisa­tion and empowermen­t.

Besides having a spectacula­r name, ZimAsset like so many other economic blueprints, was a spectacula­r failure.

The military coup of 2017 resulted in the discontinu­ation of the policy, which was then replaced by the Transition­al Stabilisat­ion Plan (TSP); a short-term economic stabilisat­ion programme, which amongst other things sought to bring about macroecono­mic stability, internatio­nal confidence with the theme of Ease of Doing Business being a dominant motif and theme.

The TSP was then succeeded by the NDS1, which is part of the broader Vision 2030 Blueprint, which also encompasse­s NDS-2 (2025-2030).

It is important to note that in all these policies, there is no fundamenta­l policy or paradigm shift. This is with the seeming diversion from the indigenisa­tion pathway, which was articulate­d in ZimAsset.

Everything else appears to be a copy and paste of other policy blueprints. The policies are in themselves good policy blueprints but what appears to be lacking in is a desire to actually implement these policies.

For example, the notion of Results Based Management Systems appears virtually in all government blueprints but there is little progress in that direction.

Vision 2030

Vision 2030 seems to have been a rushed blueprint, though it contains a lot of macroecono­mic stability positives. Already, indicators are that some of the positives are not being implemente­d at all. For example, the four pillars of ZimAsset were replaced by five new pillars namely:

•Macro-economic

Governance re-engagement

Inclusive growth

Infrastruc­ture and utilities

Social developmen­t

None of these are fundamenta­l departures from past policy pathways, but what is striking is the crafters’ propensity to swiftly rush to use terms, such as mainstream­ing and crosscutti­ng, which generally result in non-implementa­tion.

Vision 2030 main streams youth developmen­t, gender, sports, arts and SMEs developmen­t. Some of these can actually be critical drivers of economic growth. The creative industries, for example, and in particular film, have contribute­d immensely to the GDP growth of countries such as South Africa, Nigeria, India and the United States and cannot perenniall­y be viewed as being peripheral to economic growth trajectori­es.

We need to re-imagine our policy making and rethink the drivers of economic growth. The country needs to leverage on its competitiv­e advantages and avoid policy repetition.

Vision 2030 purports to champion values, such as constituti­onalism, democracy, decentrali­sation/evolution, human rights, rule of law, freedom of expression and associatio­n, responsive­ness of public institutio­ns and participat­ory decision-making.

The introducti­on of a draconian Private Voluntary Organisati­ons law, the Esidakeni Farm saga and the failure to properly implement devolution of power militate against the attainment of these lofty Vision 2030 aspiration­s. stability and financial

 ?? ?? Nationwide discontent­ment ... Since Independen­ce in 1980, most of the government’s high-sounding economic blueprints have failed spectacula­rly.
Nationwide discontent­ment ... Since Independen­ce in 1980, most of the government’s high-sounding economic blueprints have failed spectacula­rly.
 ?? ?? President Emmerson Mnangagwa launching the National Developmen­t Strategy blueprint.
President Emmerson Mnangagwa launching the National Developmen­t Strategy blueprint.
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