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Economic & Sector Work :: Economic Updates and Modeling

Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?

ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO INFORMATION ADMINISTRATIVE CAPACITY ADMINISTRATIVE COST ADOLESCENT FERTILITY AIR POLLUTION ALLOCATION OF RESOURCES ARREARS BANKS BENEFICIARIES BORROWING BRANCH NETWORK CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL MARKETS CASH TRANSFER CASH TRANSFERS CLIMATE CHANGE CONSUMER PROTECTION CONTRACEPTION CONTRACEPTIVE PREVALENCE CONTRACT RIGHTS CORPORATE TAXES CORRUPTION COST OF SUBSIDIES CURRENT ACCOUNT CURRENT ACCOUNT DEFICITS DEBT DEBT MANAGEMENT DEBT POLICY DEBT RATIOS DEBT SERVICE DEBTS DECENTRALIZATION DECISION MAKING DEVELOPING COUNTRIES DISCRIMINATION DOMESTIC MARKETS DOMESTIC VIOLENCE DONOR FUNDS E-GOVERNMENT EARLY CHILDHOOD ECONOMIC ACTIVITY ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC OPPORTUNITIES ECONOMIC RESOURCES EDUCATION FINANCE EDUCATION LEVEL EDUCATION SYSTEM EDUCATION SYSTEMS EMERGING MARKETS EMPLOYMENT STATUS ENDOWMENTS ENVIRONMENTAL ENVIRONMENTAL POLICIES ENVIRONMENTAL SUSTAINABILITY ENVIRONMENTS EQUAL ACCESS EQUIPMENT EXCHANGE RATE EXPENDITURE EXTREME POVERTY FAMILIES FINANCIAL CAPITAL FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL STABILITY FINANCIAL SYSTEMS FINANCIAL WEAKNESS FINANCIAL WEAKNESSES FISCAL DEFICIT FISCAL POLICY FISH FOREIGN DIRECT INVESTMENT FRAGILE GROUP FRAGILE GROUPS FRAUD GENDER GENDER DISPARITIES GENDER EQUALITY GENDER GAPS GENDER INEQUALITIES GENDER ISSUES GENDER PARITY GLOBAL ECONOMY GLOBAL ENVIRONMENT GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT REVENUE GOVERNMENT SPENDING HOUSEHOLDS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT HUMAN RESOURCES HUSBANDS ILLITERACY INCOME LEVEL INCOME-GENERATING ACTIVITIES INEQUALITY INFLATION INFLATION RATE INFORMATION SYSTEM INFORMATION SYSTEMS INSTRUMENT INSURANCE INTEREST PAYMENTS INTEREST RATE INTEREST RATE CEILINGS INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INVESTMENT CLIMATE JUDICIAL SYSTEM LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKETS LACK OF TRANSPARENCY LEGAL FRAMEWORK LEGAL PROTECTION LEGAL RIGHTS LIQUIDITY LIVE BIRTHS MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MALE LABOR FORCE MALE PARTICIPATION MARRIED WOMEN MATERNAL HEALTH MATERNAL HEALTH CARE MATERNAL MORTALITY MATERNAL MORTALITY RATE MILLENNIUM DEVELOPMENT GOAL MONETARY AUTHORITIES MONETARY POLICIES MONETARY POLICY NATIONAL CONSTITUTION NATURAL RESOURCES NON-PERFORMING LOAN NON-PERFORMING LOANS OIL OPERATING COSTS PARLIAMENTARY SEATS PENSION PENSION FUND PENSION SYSTEM PENSION SYSTEMS PENSIONS POLICY ANALYSIS POLICY ENVIRONMENT POLICY ENVIRONMENTS POLICY REGIME POLITICAL INSTABILITY POLITICAL STABILITY PRIMARY EDUCATION PRIMARY ENROLMENT RATIOS PRIVATE INVESTMENT PROGRESS PROPERTY RIGHTS PUBLIC BUDGETS PUBLIC DEBT PUBLIC DEBT DATA PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC PARTICIPATION PUBLIC SPENDING QUALITATIVE INFORMATION QUOTAS REFUGEES REGULATORY FRAMEWORK RENEWABLE RESOURCES REPRODUCTIVE HEALTH RESERVES RESOURCE MANAGEMENT RESOURCE USE RISK MANAGEMENT RISK OF DEBT RULE OF LAW RURAL AREAS SAFETY NET SAFETY NETS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL ENROLMENT SECURITY SITUATION SOCIAL EXPENDITURES SOVEREIGN BONDS STATUTORY LAW SUB-NATIONAL DEBT SUSTAINABLE GROWTH TARIFF BARRIERS TAX TAX COLLECTION TAX DEDUCTIONS TRADE FACILITATION TRADE REGIMES TRADING TRANSPARENCY USER FEES VALUATION VENTURE CAPITAL VULNERABILITY VULNERABLE PEOPLE WAGES WATER POLLUTION
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World Bank, Washington, DC
Africa | Zambia
2014-08-14T15:44:06Z | 2014-08-14T15:44:06Z | 2014-06

Zambia continues to experience strong growth, but challenges are building up. Copper prices are declining, and global financial conditions are tightening. At home, the fiscal deficit is becoming difficult to manage, and Zambia's currency has sharply depreciated. The government intends to reduce future budget deficits, but this would involve making difficult political choices. In the past few years inflation and interest rates have declined and the currency has been relatively stable, providing an environment for growth and reducing poverty. High inflation would hurt the poor most. The brief specifically focuses on the opportunity for Zambia to emerge as a major food exporter to Eastern and Southern Africa and the policy direction that would take it there; the need to reduce high costs of crossing borders that will facilitate regional trade in non-copper products; and a long-term approach to developing competitiveness of the local mining supply cluster.

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