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Zambia Second Investment Climate Assessment : Business Environment Issues in Diversifying Growth

ADJUSTMENT MECHANISM ADVANCED ECONOMY AGRICULTURAL COMMODITIES AGRICULTURE ALLOCATION OF CAPITAL ALLOCATIVE EFFICIENCY ARREARS ASSETS AVERAGE PRODUCTIVITY AVERAGE TAX RATES BALANCE OF PAYMENTS BARRIER TO ENTRY BARRIERS TO ENTRY BENCHMARKS BENEFICIARIES BOOK VALUE BUSINESS ENVIRONMENT BUSINESS EXPANSION BUSINESS INVESTMENT BUSINESS INVESTMENTS BUSINESS MANAGERS BUSINESS NEEDS BUSINESS OPERATIONS BUSINESS PERFORMANCE BUSINESS REGULATION BUSINESSES CAPABILITIES CAPABILITY CAPITAL FORMATION CAPITAL INTENSITY CAPITAL SHORTAGES CARTELS CERTIFICATE CERTIFICATES COMMERCIAL BANKS COMMODITIES COMMODITY COMPETITION POLICY COMPETITIVENESS CONSUMER PRICE INFLATION CONSUMER PROTECTION CPI CREDIT INFORMATION CREDIT INFORMATION SYSTEM CREDIT MARKET CUSTOMS DEBT DEBT RELIEF DEREGULATION DEVELOPED COUNTRIES DOMESTIC MARKET DOMESTIC MARKETS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMIES OF SCALE ELECTRICITY ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTRY BARRIERS EQUIPMENT EQUITY HOLDINGS EXCHANGE CONTROLS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATE REGIME EXCHANGE RATES EXPORT MARKET EXPORT MARKETS EXPORT PROMOTION EXPORTER EXPORTERS EXPORTS EXTERNAL FINANCE FAIR TRADING FINANCES FINANCIAL SYSTEM FISCAL DEFICIT FIXED ASSETS FIXED CAPITAL FIXED INVESTMENT FLEXIBLE EXCHANGE RATE FOREIGN DIRECT INVESTMENT FOREIGN EQUITY FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN SHARE FOREIGN TRADE GDP GDP PER CAPITA GOVERNMENT BORROWING GOVERNMENT POLICY GROSS FIXED CAPITAL FORMATION GROWTH RATE HIGH UNEMPLOYMENT HUMAN CAPITAL IMPLICIT TAX INCOME INDIRECT BARRIER INDIRECT BARRIERS INDUSTRY PRODUCTIVITY INEFFICIENCY INFLATION RATE INFORMATION SYSTEM INNOVATION INSTRUMENT INTEREST RATES INTERNATIONAL COMPARISONS INTERNATIONAL STANDARDS INVESTING INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT OPPORTUNITIES INVESTMENT PROJECTS INVESTMENT RATE INVESTMENT RISK LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LENDERS LIABILITY LIBERALIZATION LICENSE LICENSES MACROECONOMIC INSTABILITY MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL PRODUCTIVITY MARGINAL REVENUE MARKET COMPETITION MARKET DISTORTIONS MARKET INFORMATION MARKET POWER MARKET SHARE MARKET SHARES MARKET STRUCTURE MERGERS MICRO ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MIDDLE INCOME COUNTRIES NATIONAL CURRENCY NATIONAL DEVELOPMENT OUTPUT PER CAPITA INCOMES PHYSICAL INFRASTRUCTURE POLICY MAKERS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCERS PRODUCTION TECHNOLOGY PRODUCTIVITY GROWTH RATE OF RETURN RATE OF RETURN ON CAPITAL RATE OF RETURN TO CAPITAL RATES OF RETURN REAL EXCHANGE RATES RECESSION REGISTRATION PROCESS RESULT RESULTS RETAIL TRADE RETURNS RISK AVERSE RISK EXPOSURE RISK FACTOR RISK OF DEFAULT RISK PREMIUM SAVINGS SAVINGS RATIO SKILLED WORKERS SKILLS SHORTAGE SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES SUNK COSTS TARIFF BARRIERS TAX TAX RATE TAX RATES TAXATION TIME PERIODS TOTAL FACTOR PRODUCTIVITY TRADE FACILITATION TRADE POLICIES TRADE POLICY TRANSMISSION VALUE ADDED VOLATILITY WAGES WORLD DEVELOPMENT INDICATORS WORLD MARKETS
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Washington, DC
Africa | Zambia
2017-08-29T16:03:13Z | 2017-08-29T16:03:13Z | 2009-12

This assessment of Zambia's investment climate highlights some of the impediments to growth and export diversification in the current business environment in the country. It is based on an analysis of enterprise survey data specifically collected for the purpose, namely, the World Bank's Zambia Enterprise Survey of 2008. The report is in two volumes. Volume I is an overview, while Volume II is the final report, whose introductory chapter sets the stage for the analysis of microeconomic aspects of business environment in the following chapters. Chapter 2 analyzes manufacturing productivity in an international perspective as a proximate determinant of manufactured exports. Chapter 3 discusses key business environment variables as underlying factors in manufacturing employment and productivity, and draws the main policy implications of the assessment. Chapter 4 is a more in-depth analysis of disparity in access to finance across firms and sectors as a major source of market distortions and allocative inefficiency. Chapter 5 discusses labor market issues with a focus on labor regulation, wage formation and on-the-job training.

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