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Cecil Rhodes said, "I would annex the planets if I could." This attitude epitomized the views of the white people who colonized Zimbabwe starting in 1890, and thus society was built on the doctrines of discovery, expansion, and subjugation and marginalization of the Native people. For white Zimbabweans in then-Rhodesia the institutionalization of racism privileged their bodies above all others and thus they were collectively responsible for the oppression of black people through white complacency in allowing that system to exist and active involvement in its formation. For my family, who has a four-hundred year history in Southern Africa, coming to this realization - this critical consciousness of their positionality as oppressor - has been a difficult road. Through their struggle made evident is the potential for change for both individuals and nations fighting to overcome the effects of colonization
ContributorsNielsen, Karen (Author) / Quan, H.L.T. (Thesis advisor) / Elenes, C (Committee member) / Simmons, William (Committee member) / Arizona State University (Publisher)
Created2013
Description
Zimbabwe's economic crisis has spun over decades since the late 90s. The ordeal began with hyperinflation between 1999 and 2008. During this time, the country was in debt and the government kept printing money to pay off the debt and take care of fiscal obligations. As a result, the economy has undergone some unstable phases which have made it difficult for citizens to comprehend how money works around the world. This project identifies the key events leading to Zimbabwe's economic struggles; describes the challenges of inadequate financial education; analyzes the role of financial literacy in alleviating Zimbabwe's economic crisis; acknowledges that financial literacy is a necessary foundation for creating financial independence amongst citizens, but is ineffective in the absence of financial inclusion; suggests blockchain technology as a sustainable means to mobilize both financial education and inclusion; provides recommendations for successful development of financial education and inclusion and introduces our plan to start an initiative that promotes financial independence amongst young Zimbabweans. It is without a doubt that public financial education and inclusion programs become a top priority for Zimbabweans in order to revive the economy. The conclusion is drawn from the idea that when individuals are empowered to be self-sufficient, they can intentionally or unintentionally contribute to economic growth by improving their standards of living and that of those around them.
ContributorsNyanhete, Yolanda (Co-author) / Vheremu, Gloria (Co-author) / Taylor, Todd (Thesis director) / Lin, Elva (Committee member) / School of Accountancy (Contributor) / Department of Information Systems (Contributor) / Barrett, The Honors College (Contributor)
Created2017-05