Scarcely surviving: Zimbabwe
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 19 August 2019
⏱️ 23 minutes
🧾️ Download transcript
Summary
Electricity, food, water: everything is in short supply in the country, including faith in the government’s ability to recover from Robert Mugabe’s kleptocracy. China produced a record 8.3m university graduates this year; we take a look at the changing labour market they’re entering. And, experiments in the Netherlands to house the young with the old are going remarkably well, in part because both parties benefit.
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Transcript
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| 0:00.0 | This episode is sponsored by Tradeu, the multi-asset platform that lets you trade with an institutional edge. |
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| 0:29.1 | Hello and welcome to the Intelligence on Economist Radio. |
| 0:32.9 | I'm your host, Jason Palmer. |
| 0:35.0 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 0:42.9 | This summer, more than 8 million university students graduated in China. Gone are the days |
| 0:48.9 | that the state just assigned them to jobs. It doesn't even publish statistics on their |
| 0:53.7 | prospects anymore. There's plenty |
| 0:55.8 | of work to be had, just not the high-flying stuff all those grads are looking for. And we take a look |
| 1:03.7 | at experiments in the Netherlands to house students with the elderly. Despite obvious differences |
| 1:09.0 | in lifestyles and bed times, it's going remarkably well. |
| 1:21.0 | First up, though. |
| 1:26.2 | For most of its young life, the nation of Zimbabwe has been defined by Robert Mugabe, who ruled tyrannically for 37 years. |
| 1:36.3 | When a coup pushed him out in 2017 and his former deputy Emerson Menangagwa took over, there were celebrations and hoped that things would improve. |
| 1:46.0 | But life has only gotten worse in Zimbabwe. The government can't afford to clean reservoirs or run power stations. |
| 1:53.2 | Devastating drought has worsened the situation. So shortages of power, food, and water are increasing. |
| 2:00.0 | Inflation is soaring. |
| 2:01.6 | Despite the government declaring a planned demonstration illegal, |
| 2:05.6 | on Friday, people took to the streets to protest. |
... |
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