Maize Trade Policies in Zambia, Options for Growth : Policy Brief

The Government of the Republic of Zambia aims to transform the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports. Zambia ha...

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Main Author: World Bank
Format: Brief
Language:English
English
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099618109122282877/IDU02db15f46064e4044310bbb102641d2fad505
http://hdl.handle.net/10986/37997
id okr-10986-37997
recordtype oai_dc
spelling okr-10986-379972022-09-14T20:16:47Z Maize Trade Policies in Zambia, Options for Growth : Policy Brief World Bank MAIZE PRODUCTION FOOD INSECURITY EXPORT RESTRICTIONS MALNUTRITION AGRICULTURAL EXPORT TRADE AGRICULTURAL OPEN MARKET The Government of the Republic of Zambia aims to transform the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports. Zambia has a long history of import and export restrictions of agricultural commodities, maize in particular. This analytical work demonstrates that Zambia has lot to gain from committing to open agricultural trade. Partial equilibrium modelling estimates at US$97 million the annual gain of open borders for maize exports over the next decade, compared to a scenario of continued trade restrictions. Producer losses from maize trade restrictions between 2023 and 2030 are projected to amount to about US$1.42 billion. Such losses would cancel out the massive aid provided by the Government through the Farmer Input Support Program. While precise point estimates need to be interpreted with caution given the ongoing turmoil in global food markets, the direction and magnitude of these results cumulatively point to significant losses resulting from trade restrictions. The report details options for a comprehensive reform package to enable trade openness to effectively translate into additional income for farmers, traders, processors, and traders who participate in the sector.    2022-09-13T15:20:12Z 2022-09-13T15:20:12Z 2022-06 Brief http://documents.worldbank.org/curated/en/099618109122282877/IDU02db15f46064e4044310bbb102641d2fad505 http://hdl.handle.net/10986/37997 English en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Knowledge Notes :: Miscellaneous Knowledge Notes Zambia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
English
topic MAIZE PRODUCTION
FOOD INSECURITY
EXPORT RESTRICTIONS
MALNUTRITION
AGRICULTURAL EXPORT TRADE
AGRICULTURAL OPEN MARKET
spellingShingle MAIZE PRODUCTION
FOOD INSECURITY
EXPORT RESTRICTIONS
MALNUTRITION
AGRICULTURAL EXPORT TRADE
AGRICULTURAL OPEN MARKET
World Bank
Maize Trade Policies in Zambia, Options for Growth : Policy Brief
geographic_facet Zambia
description The Government of the Republic of Zambia aims to transform the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports. Zambia has a long history of import and export restrictions of agricultural commodities, maize in particular. This analytical work demonstrates that Zambia has lot to gain from committing to open agricultural trade. Partial equilibrium modelling estimates at US$97 million the annual gain of open borders for maize exports over the next decade, compared to a scenario of continued trade restrictions. Producer losses from maize trade restrictions between 2023 and 2030 are projected to amount to about US$1.42 billion. Such losses would cancel out the massive aid provided by the Government through the Farmer Input Support Program. While precise point estimates need to be interpreted with caution given the ongoing turmoil in global food markets, the direction and magnitude of these results cumulatively point to significant losses resulting from trade restrictions. The report details options for a comprehensive reform package to enable trade openness to effectively translate into additional income for farmers, traders, processors, and traders who participate in the sector.   
format Brief
author World Bank
author_facet World Bank
author_sort World Bank
title Maize Trade Policies in Zambia, Options for Growth : Policy Brief
title_short Maize Trade Policies in Zambia, Options for Growth : Policy Brief
title_full Maize Trade Policies in Zambia, Options for Growth : Policy Brief
title_fullStr Maize Trade Policies in Zambia, Options for Growth : Policy Brief
title_full_unstemmed Maize Trade Policies in Zambia, Options for Growth : Policy Brief
title_sort maize trade policies in zambia, options for growth : policy brief
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099618109122282877/IDU02db15f46064e4044310bbb102641d2fad505
http://hdl.handle.net/10986/37997
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