Economist Names Zimbabwe Most Miserable Country in the World NewZimbabweCom: Zimbabwe
Hanke blamed Zimbabwe's hyperinflation as the main reason for it topping his list. It came fifth in his 2021 analysis for the same reason.
"Zimbabwe takes this year's prize as the most miserable country in the world. Since the reign of Robert Mugabe, which began in 1980, and then his successor, Emmerson Mnangagwa, the political party Zanu PF has had an iron grip on Zimbabwean politics," said Hanke. "Last year didn't deliver much better, with annual inflation at 243.8 percent, and lending rates following suit at 131.8 percent."
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