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

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 s...

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Bibliographic Details
Main Author: World Bank Group
Format: Economic Updates and Modeling
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2014/06/19748287/promoting-trade-competitiveness-can-zambia
http://hdl.handle.net/10986/19300
id okr-10986-19300
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
spellingShingle 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
World Bank Group
Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?
geographic_facet Africa
Zambia
relation Zambia economic brief;Issue 3
description 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.
format Economic & Sector Work :: Economic Updates and Modeling
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?
title_short Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?
title_full Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?
title_fullStr Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?
title_full_unstemmed Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?
title_sort zambia economic brief, june 2014 : promoting trade and competitiveness - what can zambia do?
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/06/19748287/promoting-trade-competitiveness-can-zambia
http://hdl.handle.net/10986/19300
_version_ 1764443588967530496
spelling okr-10986-193002021-04-23T14:03:51Z Zambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do? World Bank Group 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 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. 2014-08-14T15:44:06Z 2014-08-14T15:44:06Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/19748287/promoting-trade-competitiveness-can-zambia http://hdl.handle.net/10986/19300 English en_US Zambia economic brief;Issue 3 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Zambia