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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Online Access: | http://documents.worldbank.org/curated/en/099618109122282877/IDU02db15f46064e4044310bbb102641d2fad505 http://hdl.handle.net/10986/37997 |
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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 |
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World Bank Open Knowledge Repository |
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World Bank |
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English English |
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MAIZE PRODUCTION FOOD INSECURITY EXPORT RESTRICTIONS MALNUTRITION AGRICULTURAL EXPORT TRADE AGRICULTURAL OPEN MARKET |
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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 |
_version_ |
1764488277314764800 |