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Zambia Country Economic Memorandum Issues And Options For Economic Diversification
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Book Synopsis Zambia Country Economic Memorandum : Issues and Options for Economic Diversification by : Peter Hansen
Download or read book Zambia Country Economic Memorandum : Issues and Options for Economic Diversification written by Peter Hansen and published by . This book was released on 1984 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank pub. Mission report on economic conditions and economic growth trends, with economic development recommendations, in Zambia - reviews balance of payments, public finance, administrative reform, economic reform, mining, agricultural development, industrial development (manufacturing), energy, infrastructure, etc. Map, statistical tables. Restricted.
Book Synopsis Zambia - Country Economic Memorandum by :
Download or read book Zambia - Country Economic Memorandum written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Zambia - Country Economic Memorandum by :
Download or read book Zambia - Country Economic Memorandum written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Zambia, Country Economic Memorandum, Economic Reforms and Development Prospects by :
Download or read book Zambia, Country Economic Memorandum, Economic Reforms and Development Prospects written by and published by . This book was released on 1986 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Zambia - Country Economic Memorandum by : Weltbank
Download or read book Zambia - Country Economic Memorandum written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 1991 Zambia moved to a multiparty democratic system. In the following years, the government implemented a number of policy and structural reforms, liberalizing exchange and interest rates, simplifying the tariff structure, and removing quantitative restrictions on trade, privatizing most state-owned enterprises, and substantially withdrawing from the agriculture sector. Despite these reforms, economic growth has remained lackluster, and poverty and social conditions have worsened. There are however, hopeful signs that increased growth and poverty reduction are within reach in Zambia. The country's economy has long been tied to the copper industry, whose purchasing power has been in decline for decades. But declining copper prices were not the only reasons Zambia's economic performance declined between 1991 and 2002. Excluding the one-time disruption in real sector activity in 1994-95, real GDP grew at an average annual rate of 3 percent during 1991-2002. The report argues that estimates puts its annual long-term growth potential at about 5 percent, implying per capita income growth of 2.5-3.0 percent a year, and, the reason why its potential is not being achieved, lies in several key problems, namely macroeconomic mismanagement, lack of ownership of reform and poor policy implementation, a weak investment climate, lack of good governance, and, the HIV/AIDS pandemic. And further asserts that central to the lack of macroeconomic stability - in particular to the high inflation and real interest rate - is the lack of fiscal control and commitment to fiscal discipline. Zambia's large external and rising domestic debt, combined with budgetary dependence on external financing, has constrained the government's ability to exert monetary control to achieve macroeconomic stability. The financial sector must become more efficient and capable of supporting private investment and growth. Key institutional and policy issues for immediate attention are creating a mechanism to resolve the debt of failed banks and state-owned non-bank financial institutions; upgrading the human and technological resources of financial system regulators and supervisors; improving access to financial services, in particular rural financial services; and, investing in financial system infrastructure to improve market data, and accounting and auditing standards. The report expands on the country's opportunities in the mining sector, particularly copper, but also on its rich reserves ...
Book Synopsis Zambia - Country Economic Memorandum by : Weltbank
Download or read book Zambia - Country Economic Memorandum written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 1991 Zambia moved to a multiparty democratic system. In the following years, the government implemented a number of policy and structural reforms, liberalizing exchange and interest rates, simplifying the tariff structure, and removing quantitative restrictions on trade, privatizing most state-owned enterprises, and substantially withdrawing from the agriculture sector. Despite these reforms, economic growth has remained lackluster, and poverty and social conditions have worsened. There are however, hopeful signs that increased growth and poverty reduction are within reach in Zambia. The country's economy has long been tied to the copper industry, whose purchasing power has been in decline for decades. But declining copper prices were not the only reasons Zambia's economic performance declined between 1991 and 2002. Excluding the one-time disruption in real sector activity in 1994-95, real GDP grew at an average annual rate of 3 percent during 1991-2002. The report argues that estimates puts its annual long-term growth potential at about 5 percent, implying per capita income growth of 2.5-3.0 percent a year, and, the reason why its potential is not being achieved, lies in several key problems, namely macroeconomic mismanagement, lack of ownership of reform and poor policy implementation, a weak investment climate, lack of good governance, and, the HIV/AIDS pandemic. And further asserts that central to the lack of macroeconomic stability - in particular to the high inflation and real interest rate - is the lack of fiscal control and commitment to fiscal discipline. Zambia's large external and rising domestic debt, combined with budgetary dependence on external financing, has constrained the government's ability to exert monetary control to achieve macroeconomic stability. The financial sector must become more efficient and capable of supporting private investment and growth. Key institutional and policy issues for immediate attention are creating a mechanism to resolve the debt of failed banks and state-owned non-bank financial institutions; upgrading the human and technological resources of financial system regulators and supervisors; improving access to financial services, in particular rural financial services; and, investing in financial system infrastructure to improve market data, and accounting and auditing standards. The report expands on the country's opportunities in the mining sector, particularly copper, but also on its rich reserves ...
Download or read book Zambia written by World Bank and published by . This book was released on 1981 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Zambia written by World Bank and published by . This book was released on 1981 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Zambia written by Marcia Burdette and published by Routledge. This book was released on 2021-12-12 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This accessible case study offers a fully rounded picture of Zambia's course since independence, chronicling the periods of boom and decline after the fall in the price of copper around the mid-1970s. The author advocates an internally oriented economic strategy to retain industries and livelihoods and investigates the ability of the current leadership to achieve this.
Book Synopsis Winners and Losers by : D. Michael Shafer
Download or read book Winners and Losers written by D. Michael Shafer and published by Cornell University Press. This book was released on 2018-07-05 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: No detailed description available for "Winners and Losers".
Book Synopsis Industrial Policy and the Transformation of the Colonial Economy in Africa by : Horman Chitonge
Download or read book Industrial Policy and the Transformation of the Colonial Economy in Africa written by Horman Chitonge and published by Routledge. This book was released on 2021-02-15 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial Policy and the Transformation of the Colonial Economy in Africa offers an in-depth analysis of the role industrial policy can play in the transformation of African economies. Using examples from Zambia’s industrial development experience, this book illustrates that core features of the colonial economy have not just survived six decades of independence in most African countries, but they have continued to shape the nature, scope and pace of economic activities on the continent. The book argues that since the colonial economy in Africa was not intended to serve the interests of Africans, it is imperative that the structures and the underlying rationale of the colonial economy are radically reoriented if economic activities in Africa are to benefit the majority of Africans. Drawing from the Zambian experience, the book shows that the transformation of the colonial economy in Africa is urgently needed. Whilst this has proved to be difficult over the past six decades, it can be done. The book outlines a specific type of industrial policy, Frontier Industrial Policy, as a key instrument for transforming the structure of African economies. At a time when economic growth across Africa is under considerable pressure due to COVID-19, the insights in this book will be of interest to researchers across Economics, Development, Postcolonial Studies, and African Studies.
Book Synopsis The Challenge of African Economic Recovery and Development by : Adebayo Adedeji
Download or read book The Challenge of African Economic Recovery and Development written by Adebayo Adedeji and published by Routledge. This book was released on 2014-01-09 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: A special session of the UN General Assembly was held in Abuja, the new Nigerian capital in May 1988. This volume reproduces the major papers, lines of discussion and conclusions of the conference.
Book Synopsis Economic Crisis, Civil Society, and Democratization by : Julius Omozuanvbo Ihonvbere
Download or read book Economic Crisis, Civil Society, and Democratization written by Julius Omozuanvbo Ihonvbere and published by Africa World Press. This book was released on 1996 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition from an authoritarian to an egalitarian form of government is a major paradigm shift for any society. When the forces of opposition remain major players, however, the transition is bound to be tumultuous. In this, the first major book on post-UNIP Zambia, the author chronicles the transition to democracy in Zambia and in doing so sheds light on the challenges for democratisation in post-Cold War Africa.
Book Synopsis Zambia, a Country Study by : Howard Simson
Download or read book Zambia, a Country Study written by Howard Simson and published by . This book was released on 1985 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Research Paper written by and published by . This book was released on 1995 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Diversification in the GCC by : Mr.Tim Callen
Download or read book Economic Diversification in the GCC written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2014-12-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.
Book Synopsis The Labor Market and Economic Stabilization in Zambia by : Christopher Colclough
Download or read book The Labor Market and Economic Stabilization in Zambia written by Christopher Colclough and published by . This book was released on 1989 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor markets are assumed, in orthodox stabilization programs, to be flexible. The experience in Zambia proved this assumption unfounded.
