n Journal of African Foreign Affairs - Understanding illicit financial flows in post-2000 Zimbabwe

Volume 2, Issue 1_2
  • ISSN : 2056-564X
  • E-ISSN: 2056-5658


This article explores the trajectories of illicit financial flows in Zimbabwe, with special focus on the post-2000 period. It employs a political economy approach in order to trace the trajectory of illicit financial flows within the broader post-2000 Zimbabwean political economy context that bred these flows. The article argues that although the unprecedented post-2000 socio-economic and political crises provided the opportunities that bred money laundering and illicit financial flows, the problem of illicit flows and corruption broadly should be understood within the context of a predatory nature of the post-colonial Zimbabwean state, which has often relied on coercion and material inducements to promote patronage-driven political corruption. The political economy lens reveals the priority given to politics (power retention and consolidation) over the anti-corruption agenda's utility for the public good, which does not augur well for meaningful attitude changes by elites regarding real or imagined negative consequences of illicit financial flows for Zimbabwe's developmental agenda.

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