A Quick Guide to the Zimbabwean Presidential Elections
An Impoverished State
By late 2008, Zimbabwe’s inflation had escalated to an annual rate of 250,000,000 percent, reported BBC News. The economy stabilized once the Mugabe-Tsvangirai coalition was made, resulting in an annual growth rate of approximately 5 percent and an end to hyperinflation. This economic growth was largely attributed to the allowance of the U.S. dollar and the South African rand throughout Zimbabwe, where the national currency had become useless.