Asset Expropriation Risk Soars in Post-Hyperinflation Zimbabwe

WelcometoZimbabwe

By Chris Becker

The destruction of the Zimbabwe dollar has forced fiscal discipline on the Zimbabwean government, as the public no longer accepts the money that government prints and spends. The public now only accepts monies printed by other governments. As a result, the government is now resorting to outright asset expropriation to steal resources from the private sector.