Relevant bibliographies by topics / Foreign Zambia

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  2. Dissertations / Theses
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  4. Book chapters

Academic literature on the topic 'Foreign Zambia'

Author: Grafiati
Published: 11 December 2022
Last updated: 25 January 2023

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Journal articles on the topic "Foreign Zambia"

1

John Barton, Stuart. "Sino-substitution: Chinese foreign direct investment in Zambia." Journal of Chinese Economic and Foreign Trade Studies 7, no. 2 (May 27, 2014): 90–109. http://dx.doi.org/10.1108/jcefts-08-2013-0025.

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Purpose – This paper aims to establish the level (if any) of Chinese State influence on setting the terms of Foreign Direct Investment in Zambia, specifically their influence on improving access for Chinese investors through the establishment of Special Economic Zones. Design/methodology/approach – The paper presents a process trace to test primary archival data and elite interviews against growing academic and popular “China in Africa” literature. Findings – After examining primary data, existing academic and popular literature is found to poorly describe China’s economic influence in Zambia, primarily by largely speculating on non-evident coercive investment practices. Instead, the paper concludes that similarities between new Chinese investment and retreating Western sources in Africa can better be described as “Sino-Substitution”. Research limitations/implications – The primary research has focused on English language Zambian sources; access to further Chinese sources would improve the breadth of the study. Practical implications – The study has found the terms of new Chinese investment in Zambia to be far more calculated, consensual and symbiotic than described in the existing literature. This more balanced view of Chinese investment is important if other foreign investors are to retain or regain competitive advantage in the region. Originality/value – No existing research has traced empirically the process through which the Zambian Government developed Special Economic Zones into the country’s largest investment vehicle, or how Chinese investment came to dominant capital flows within them. As investment in these zones grows, a better understanding of the Zambia–China relationship should help other investors compete, and improve Zambia’s access to capital.
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Mtesa, Love. "Commentary: Developing Countries Perspective on Agricultural Liberalization." Global Economy Journal 5, no. 4 (December 7, 2005): 1850053. http://dx.doi.org/10.2202/1524-5861.1140.

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A commentary on Patrick Messerlin's article, "Agricultural Trade Liberalization." Love Mtesa is Zambian Ambassador to the United Nations and other international organizations in Geneva, including the WTO. He is the Coordinator for the Least Developed Countries at the Ambassadorial level. Ambassador Mtesa joined the Zambian Foreign Service in 1966 and later served [in]: Kinshasa, Congo; Addis Ababa, Ethiopa; as Director of the African and Middle East Department in the Zambian Ministry of Foreign Affairs; Harare, Zimbabwe; as Zambia’s Permanent Representative at the United Nations in New York; and as Zambian Ambassador to Great Britain and other European nations. He has also been active in opposition politics in Zambia for a number of years.
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3

Tsaurai, Kunofiwa. "Foreign capital flows, exports and growth in Zambia." Risk Governance and Control: Financial Markets and Institutions 5, no. 4 (2015): 26–37. http://dx.doi.org/10.22495/rgcv5i4art3.

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This study investigates the causality between FDI net inflows, exports and GDP using Vector Error Correction Model (VECM) approach. The words foreign capital flows and FDI are used interchangeably in this study. The findings from the VECM estimation technique is six fold: (1) the study revealed a long run causality relationship running from exports and GDP towards FDI, (2) the study showed a non–significant long run causality relationship running from FDI and exports towards GDP and (3) the existence of a weak long run causality relationship running from FDI and GDP towards exports in Zambia. The study also found out that no short run causality relationship that runs from FDI and exports towards GDP, short run causality running from FDI and GDP towards exports does not exist and there is no short run causality relationship running from exports and GDP towards FDI. Contrary to the theory which says that FDI brings along with it a whole lot of advantages (FDI technological diffusion and spill over effects), the current study found that the impact of FDI in Zambia is not significant in the long run. This is possibly because certain host country locational characteristics that ensures that Zambia can benefit from FDI inflows are not in place or they might be in place but still not yet reached a certain minimum threshold levels. This might be an interesting area for further research. On the backdrop of the findings of this study, the author recommends that the Zambian authorities should formulate and implement export promotion strategies and economic growth enhancement initiatives in order to be able to attract more FDI.
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4

Haworth, Alan. "Foreign Report: Psychiatry in Zambia." Bulletin of the Royal College of Psychiatrists 12, no. 4 (April 1988): 127–29. http://dx.doi.org/10.1192/pb.12.4.127.

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That a hospital in an African country has just celebrated 25 years of its existence may not seem a particularly newsworthy event but I hope that the story I have to tell will prove to be interesting and maybe even instructive for many more colleagues than those having a special interest in Africa. My own qualification for recounting the story is that I have worked at Chainama Hills Hospital since September 1964, just 15 months after it was opened.
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5

Kydd, Jonathan. "Coffee After Copper? Structural Adjustment, Liberalisation, and Agriculture in Zambia." Journal of Modern African Studies 26, no. 2 (June 1988): 227–51. http://dx.doi.org/10.1017/s0022278x00010454.

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In contrast to its policies in the economic sphere, Zambia has one of Africa's most liberal approaches to press freedom. To convey the flavour of public debate during, or immediately after, the 19-month experiment with a market-determined exchange rate, 10 quotations are presented below:Large scale mining will continue for 12 to 20 years, but small-working may go on for 50–60 years.– Francis Kaunda, Chairman, Zambia Consolidated Copper Mines, June 1987.Coffe after copper.– Campaign slogan of the Coffee Growers Committee of the Commercial Farmers' Bureau.Even real socialist countries have to find and use foreign exchange.– Kebby Musokotwane, Prime Minister, replying to a question in the National Assembly, August 1986.Zambia's cardinal mistake was to subsidise consumption for a long time, thereby delaying diversification.– Kenneth Kaunda, President of Zambia, May 1986.The economic reform programme has begun to succeed: devaluation has stimulated exports.– Kenneth Kaunda, August 1936, Opening the 21st U.N.I.P. National Council Meeting.It was not socialist principles which ruined the Zambian economy, but unfavourable economic terms which the North has imposed on the South…I have no power…we agreed to the IMF reform programme much against out better judgement.– Kenneth Kaunda, August 1986, interviewed by Swedish, West German, and Cuban journalists.
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6

Kragelund, Peter. "Bringing ‘indigenous’ ownership back: Chinese presence and the Citizen Economic Empowerment Commission in Zambia." Journal of Modern African Studies 50, no. 3 (September 2012): 447–66. http://dx.doi.org/10.1017/s0022278x12000195.

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ABSTRACTAfrican economies are currently experiencing an upsurge in foreign ownership of key parts of their economies. This, however, is not new, and in the wake of independence several African countries pursued indigenisation policies to bring ownership back to their own citizens. Now indigenisation policies thrive again, this time disguised in terms such as ‘empowerment’, but just as politicised as in the 1970s. Zambia is at the heart of this development. In the light of liberalisation, booming commodity prices and the increasing importance of Chinese investors, this article seeks to further our understanding of how processes of exclusion interact with domestic politics in Zambia. It argues that the Citizens Economic Empowerment Commission, a new institution to bring ownership back to Zambians, builds on a long tradition of nationalist policies in Zambia, while its actual work is strictly related to the critique of the growing foreign dominance over the economy, and in particular of the upsurge in Chinese investments.
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7

Andronova, Inna V., Lubinda Haabazoka, and Aaron Mwewa Kasonde. "The government policy of Zambia on attracting foreign direct investment and its effectiveness." RUDN Journal of Economics 30, no. 1 (March 30, 2022): 33–44. http://dx.doi.org/10.22363/2313-2329-2022-30-1-33-44.

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Investment policy has always played one of the most important roles in the development of the national economy. Foreign direct investment is interconnected with the activities of multinational companies and the opportunities that can be obtained by the host country. The article reveals the investment policy of Zambia and the role played by the public sector in it. The identified competitive advantages prove that Zambia has significant investment potential even though the country does not have direct access to the sea. Significant reserves of mineral raw materials confirm the energy and resource security of the economy, which is the area for investment by both national and foreign companies. The authors pay attention to several important problems of socio-economic significance, which complicate the effective and full functioning of the economy. The authors found that there are not enough studies in the domestic and foreign literature on the investment potential of Zambia. The study of inward investment activity showed that free economic zones are the most effective tool for attracting FDI, while the extractive sector remains the most attractive in this area. A comparative analysis of the disadvantages and advantages of the Zambian economy, conducted by the authors, proves that the state has the necessary elements of investment attractiveness. However, it was noted that the arrival of investments in the country should also meet the socio-economic interests of the state.
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Andronova, Inna V., Lubinda Haabazoka, and Aaron Mwewa Kasonde. "The government policy of Zambia on attracting foreign direct investment and its effectiveness." RUDN Journal of Economics 30, no. 1 (March 30, 2022): 33–44. http://dx.doi.org/10.22363/2313-2329-2022-30-1-33-44.

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Investment policy has always played one of the most important roles in the development of the national economy. Foreign direct investment is interconnected with the activities of multinational companies and the opportunities that can be obtained by the host country. The article reveals the investment policy of Zambia and the role played by the public sector in it. The identified competitive advantages prove that Zambia has significant investment potential even though the country does not have direct access to the sea. Significant reserves of mineral raw materials confirm the energy and resource security of the economy, which is the area for investment by both national and foreign companies. The authors pay attention to several important problems of socio-economic significance, which complicate the effective and full functioning of the economy. The authors found that there are not enough studies in the domestic and foreign literature on the investment potential of Zambia. The study of inward investment activity showed that free economic zones are the most effective tool for attracting FDI, while the extractive sector remains the most attractive in this area. A comparative analysis of the disadvantages and advantages of the Zambian economy, conducted by the authors, proves that the state has the necessary elements of investment attractiveness. However, it was noted that the arrival of investments in the country should also meet the socio-economic interests of the state.
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9

Simabwachi, M. "Creation and Preservation of Business History: The Selection Trust and Anglo-American Corporation Archives in Zambia's Copperbelt." Historia 67, no. 2 (November 2022): 90–115. http://dx.doi.org/10.17159/2309-8392/2022/v67n2a4.

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Based on original archival research and oral interviews, this article examines archives creation and the preservation of the history of the multinational mining companies of Selection Trust (ST) and Anglo-American Corporation (AAC) in Zambia's Copperbelt region between 1922 and 2000. The investment of foreign capital by multinational companies in the Copperbelt mines from the 1920s, marked the genesis and formal preservation of business archives in the Copperbelt. This article argues that although the ST and ACC archives were privately owned and strictly preserved for corporate interests and administrative efficiency, these documents eventually became publicly available because of Zambia's political independence and the nationalisation of the mining industry in the 1960s. In the early 1970s, the United National Independence Party (UNIP) government nationalised the Zambian mines and merged the two multinational companies to form the Zambia Consolidated Copper Mines (ZCCM). Consequently, in 1982, the ST and ACC archives were merged. However, following the complete privatisation of the mining industry in 2000 the identity of mining archives reverted to private entities. This article provides new and significant insights into the power and role of regional and local political-economic shifts in determining the nature and identity of business archives in Zambia.
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10

Iyke, Bernard Njindan, and Nicholas M. Odhiambo. "Foreign exchange markets and the purchasing power parity theory." African Journal of Economic and Management Studies 8, no. 1 (March 13, 2017): 89–102. http://dx.doi.org/10.1108/ajems-03-2017-147.

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Purpose The purpose of this paper is to examine the validity of the purchasing power parity (PPP) hypothesis for two Southern African countries, namely: Lesotho and Zambia. Design/methodology/approach The authors utilized four econometric tests to examine the existence of the PPP hypothesis in Lesotho and Zambia. These tests include two unit root tests without structural breaks – the Dickey-Fuller generalized least squares (DF-GLS) test and the Ng-Perron test; and two unit root tests with structural breaks – the Perron test and the Zivot-Andrews test. The authors’ empirical analysis is based on an annual data set with varying time periods. The sample period spanned 1960-2010 and 1955-2010, for Lesotho and Zambia, respectively. Findings The authors found that the PPP hypothesis was supported in the case of Lesotho, but rejected in the case of Zambia. Originality/value This paper is the first to simultaneously explore the exchange rate policies, trends, and the PPP for these two countries. The implication of this finding is that Lesotho is unlikely to profit immensely from trade and investment arbitrages; whereas Zambia is more likely to profit immensely from trade and investment arbitrage by trading with the USA. Moreover, the authors’ findings indicate that the PPP doctrine may be a useful guide for the exchange rate and other macroeconomic adjustment policies in Lesotho but not in Zambia.
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Dissertations / Theses on the topic "Foreign Zambia"

1

Banda, Tangu. "Foreign aid and corruption in Zambia." University of the Western Cape, 2014. http://hdl.handle.net/11394/4392.

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Magister Legum - LLM
This paper seeks to examine the relationship between foreign aid and corruption in Zambia. Drawing from the analysis of the two, it then explores whether the existing legal instruments are adequate and effective to combat corruption in the aid context.
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2

Chisala, Victoria. "Foreign aid dependency : the case of Zambia." Thesis, SOAS, University of London, 2006. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.441967.

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3

Mulenga, Majorie Chalwe. "The causal link between foreign direct investment and domestic savings in Zambia." Thesis, Stellenbosch : Stellenbosch University, 2015. http://hdl.handle.net/10019.1/97466.

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Thesis (MDF)--Stellenbosch University, 2015.
ENGLISH ABSTRACT: This study examined the causal relationship between foreign direct investment and domestic savings in Zambia. Data over the period 1970–2012 was extracted from the World Development Indicator and Global Economic Monitor Databases (2014). The study employed the Johansen cointegration approach to establish the long-standing relationship between domestic savings and foreign direct investment. In addition, the Granger causality test was also carried out to examine the causal relationship between foreign direct investment and gross domestic savings. The results suggest that although foreign direct investment inflow can lead to domestic savings growth in the short run, in the long run it would substitute domestic savings. This implies that the effect of the increased inflows of foreign direct investment experienced in the recent past may in the long run hurt domestic savings growth in Zambia. Policy makers should therefore improve the governance mechanism for the use and monitoring of foreign direct investment inflows in Zambia and promote diversification away from mining, the main economic activity that accounts for more than 60 percent of direct foreign investment in Zambia.
AFRIKAANSE OPSOMMING: Hierdie studie het ondersoek ingestel na die oorsaaklikheidsverwantskap tussen direkte buitelandse belegging en binnelandse besparing in Zambië. Data vir die tydperk 1970 tot 2012 is uit die Wêreldbank se databasisse World Development Indicators en Global Economic Monitor (2014) bekom. Die studie het die Johansen-benadering van ko-integrasie gevolg om die lank bestaande verwantskap tussen binnelandse besparing en direkte buitelandse belegging te bepaal. Daarbenewens is die Granger-oorsaaklikheidstoets uitgevoer om die oorsaaklikheidsverwantskap tussen direkte buitelandse belegging en bruto binnelandse besparing te ondersoek. Die resultate dui daarop dat hoewel die invloeiing van direkte buitelandse belegging binnelandse besparing op kort termyn ’n hupstoot sal gee, dit binnelandse besparing op lang termyn sal vervang. Dít impliseer dat die verhoogde direkte buitelandse belegging wat in die onlangse verlede ondervind is, op lang termyn ’n skadelike uitwerking op groei in binnelandse besparing in Zambië kan hê. Beleidsvormers behoort dus die beheermeganisme vir die aanwending en monitering van direkte buitelandse belegging in Zambië te verbeter en diversifikasie aan te moedig weg van mynbou, die vernaamste ekonomiese aktiwiteit in die land wat tans vir meer as 60% van alle direkte buitelandse belegging in Zambië sorg.
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Barton, Stuart John. "A history of policy signals and market responses in Zambia's relationship with foreign capital." Thesis, University of Cambridge, 2016. https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.709484.

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Mulumba, Clive Mutale. "Foreign Borrowing and Economic Growth in Zambia: An Econometric Analysis." Master's thesis, University of Cape Town, 2018. http://hdl.handle.net/11427/28409.

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In the recent past, Zambia has increased its external borrowings significantly after reaching the Heavily Indebted Poor Countries (HIPC) completion point. The Zambian government has been on an ambitious borrowing spree with the intent that most of these funds would be channelled towards building and maintenance of key national infrastructure including roads and construction of new airports. This study undertook to answer the question, does increasing external debt affect growth of a nation’s economy? The thesis commenced an econometric study between the years 1980 to 2015 using publicly available data premised on the neoclassical economic growth model. The findings from this investigation show that shocks to external debt negatively impact the economic output of Zambia which is proxied by the Gross Domestic Product (GDP). Conversely, it was found that external debt stock could not reliably forecast future economic growth for the nation, a finding which in itself provides an area of further investigations. These research findings and recommendations make it clear that Zambia requires a comprehensive debt contraction and management framework to avoid the vagaries of short-term decisions which may not always be premised on sound economic thinking.
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Ngubo, Nompumelelo. "Contemporary insights into the dynamics of foreign direct investment in Zambia." Master's thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/28992.

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Foreign direct investment ("FDI") has been acclaimed by authors and policy makers alike to be one of the pivotal interventions that African countries need in order to support the capital investment required to sustain economic growth, alleviate poverty, and achieve the Millennium Development Goals in the region. This research report aims to explain the evolution of the modern Zambian FDI environment and describe the dynamics at play in this thriving, yet poverty-stricken economy. Over the last 25 years, Zambia has made remarkable progress in transforming its investment climate in order to successfully attract of increased inflows of FDI over time. The primary interventions that brought about these changes in the country's investment climate involved privatization and liberalization policies of the 1990s, institutional reforms of the early 2000s, and the more recent establishment of the Zambian Development Agency for the facilitation of all local and foreign investment. As a result, the international community responded with growing interest in the Zambian economy. Despite having surpassed other African countries in attracting increasing levels of FDI, Zambia does not fully portray the perceived benefits of an economy experiencing an upswing in investment inflows i.e. – reduced unemployment, increased income, infrastructure upgrades, skills and knowledge transfer etc. The economy is still heavily dependent on one sector – copper mining, yet there remains a wealth of untapped natural resources which hold potential to improve Zambia's social and economic status – fresh water, arable land and gemstones. Key challenges in the country range across the spectrum from inadequate infrastructure to labour market challenges as well as the consequence of rising foreign firm entry – crowding out of local investment. The report suggests key policy interventions to be considered should be aimed at infrastructural service delivery improvement through privatization, leveling of the playing field for local and international firms to improve domestic market competitiveness and a focus on skills and knowledge transfer obligations of foreign firms.
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Kapota, Derby Bwalya. "Investigating the impact of foreign direct investment on NTEs and imports in Zambia." Master's thesis, University of Cape Town, 2017. http://hdl.handle.net/11427/25093.

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The need for foreign direct investment in Zambia emanated from the country's search for finance to support the diversification agenda backed by the private sector. Sectors that will see a diversified export earning capacity were identified as target areas for foreign direct investment. The expectation from such investments was that the country will see improved production capacities leading to the increase of NTEs and production of products that could only be accessed through the foreign markets. This research therefore aimed at investigating the impact of FDIs on NTEs and imports by category. This is on the theoretical backdrop of both the modernisation and dependency theories which highlights that the effects of FDI on the host country could either be negative or positive. The research looked at time series data for NTEs and imports by category for the period 1994 to 2014. A simple Ordinary least squares regression was used. Besides FDIs, two other variables namely trade openness and real effective exchange rate index were included in the study. The results indicate that FDI have a positive effect on both NTEs and all the four categories of imports. The magnitude of the impact on NTEs was as high as that of imports in all the four categories. The implication is that much as FDI can be said to contribute to the increased NTEs, its impact on imports are equally the same and therefore has not necessarily improved the countries overall trade performance during the periods under consideration.
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Kapota, Derby Bwalya. "Investigating the impact of foreign direct investment on NTEs and imports in Zambia." Master's thesis, University of Cape Town, 2009. http://hdl.handle.net/11427/25093.

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The need for foreign direct investment in Zambia emanated from the country's search for finance to support the diversification agenda backed by the private sector. Sectors that will see a diversified export earning capacity were identified as target areas for foreign direct investment. The expectation from such investments was that the country will see improved production capacities leading to the increase of NTEs and production of products that could only be accessed through the foreign markets. This research therefore aimed at investigating the impact of FDIs on NTEs and imports by category. This is on the theoretical backdrop of both the modernisation and dependency theories which highlights that the effects of FDI on the host country could either be negative or positive. The research looked at time series data for NTEs and imports by category for the period 1994 to 2014. A simple Ordinary least squares regression was used. Besides FDIs, two other variables namely trade openness and real effective exchange rate index were included in the study. The results indicate that FDI have a positive effect on both NTEs and all the four categories of imports. The magnitude of the impact on NTEs was as high as that of imports in all the four categories. The implication is that much as FDI can be said to contribute to the increased NTEs, its impact on imports are equally the same and therefore has not necessarily improved the countries overall trade performance during the periods under consideration.
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Dunkin, Cameron. "Chinese FDI and Zambian Development: A Critical Evaluation of the its Relevance through key Socio-Economic and Political Indicators." Thesis, Stellenbosch : Stellenbosch University, 2012. http://hdl.handle.net/10019.1/20234.

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Thesis (MA)--Stellenbosch University, 2012.
ENGLISH ABSTRACT: Since 2000, Chinese FDI in Zambia has steadily increased. Focused predominantly on resource extraction, China is now the third largest investor in Zambia, after only the United States and South Africa. As the title suggests, this FDI is recognized as relevant to Zambia’s developmental discourse. However, with general development indicators, there is challenge in establishing immediate causality between (Chinese) FDI and development. To address this, this study employs Capability Approach development theory, which utilizes a framework to evaluate social and political realities. Utilizing this framework, key indicators are used to look more deeply into the discussion around China’s FDI for Zambia’s development. There has been a great deal of speculation as to potential costs and/or benefits Chinese FDI may offer Zambia. As China offers Zambia a partnership of non-domestic interference, unique from Zambia’s traditional western syndicates, debate is raised as to what influence it will have on Zambia’s developmental progress. With challenges including limited information, numerous potential indicators to utilize, and a large number of contributing voices, the debate thus far lacks a means for evaluating the substance of claims made within the context of national trends. This study reviews and evaluates the debate within the framework of seven key socioeconomic and political indicators. While within economic growth and infrastructure expansion Chinese FDI are shown to indicate a conduciveness to development, FDI is not shown to be conducive for market diversification, challenging corruption, or strengthening institutions. The study therefore shows that trends of Chinese FDI’s relevance to Zambian employment and state dependency to be mixed and that assessments will need to disentangle various Chinese activities and will also need to consider contradictory effects.
AFRIKAANSE OPSOMMING: Sedert die jaar 2000 het Chinese direkte buitelandse belegging (DBB) in Zambië stelselmatig begin toeneem. Die groei is hoofsaaklik gekonsentreer in die hulpbron ontgunnings sektore. China is tans die derde grootste belegger in Zambia naas die Verenigde State van Amerika en Suid Afrika. Soos die titel van die tesis aandui, word DBB beskou as relevant tot Zambië se ontwikkelings dialoog. Aangesien die oorsaaklikheid tussen DBB en ontwikkeling nie maklik vasgestel kan word nie, word sleutel aanwysers gebruik om dieper in die gesprek rondom Chinese DBB ten opsigte van Zambiese ontwikkeling in te kyk. Tans is daar 'n groot mate van spekulasie aan potensiële risikos en/of voordele van Chinese DBB vir Zambië. China bied Zambië ‘n venootskap sonder inmenging in binnelandse beleid, anders as Westerse finansiering wat gekoppel word aan voorwaardes, en dit is wat die vraag lig; wat gaan die uiteindelikke invloed en effek wees op Zambiese ontwikkeling in die toekoms. Met uitdagings soos beperkte inligting, vele moontlikke aanwysers en ‘n groot aantal opinies, kort die debad tot dusver die vermoë om die waarde van argumente te evalueer binne die konteks van nasionale tendense. Hierdie studie evalueer die debat binne die raamwerk van sewe sleutel sosio-ekonomiese en politiese aanwysers. Chinese DBB word bevind om bevorderlik te wees ten opsigte van ontwikkeling in die infrastruktuur ontwikkeling- en ekonomiese groei sektore; dit word egter nie bevind as bevorderlik in terme van mark-diversifikasie, die teenkanting van korrupsie, of in die versterking van politieke instellings nie. Chinese DBB se invloed op indiensneming en op die afhanklikheid van die Zambiese staat toon gemengde resultate, en dat assesering verskeie Chinese aktiwiteite sal moet ontrafel en ook teenstrydigge effekte in gedagte moet hou.
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10

Kani, Felix C. "Shocks, macroeconomic policy and economic growth performance in Zambia, 1964-90 : an econometric analysis." Thesis, University of Sussex, 1994. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.318503.

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Public opinion tends to look at Zambia as some mythical land of promise, predestined to enjoy for years to come the same sort of economic bliss as during the copper price boom of 1964 -75. But there can be little doubt that one of the most striking facts of Zambia's economic history since 1964 has been poor macroeconomic performance. Since the mid 1970's Zambia's economy has experienced negative economic growth, high unemployment, rapid inflation and a weak balance of payments. This problem is crucial in the context of two-gap models. This thesis discusses the main facts about this worrying development and advances a line of argument which may well account for most of the observed facts. Prior to the Third Republic Zambian politicians tended to blame external forces for the current problems. My main contention is that that is wrong Economic difficulties arose from a combination of policy failures: growth of 'nonmarketable output', the government's politically induced tendency for crisis management, coupled with its well known propensity to delay taking corrective action, against a background of difficult initial conditions. However, since this is a thesis, both the scope and the method of investigation are limited by the time allowed for the study. What we do is to use historical data and use econometric analysis to shape my arguments, and to make them plausible. Inadequate domestic savings reflected in investment slumps, coupled with foreign exchange shortages, are shown to be the ultimate constraint on economic growth performance. The new government's liberal attitude and the fact that there is export potential in the economy offers some hope for success but the thesis draws attention to the structural rigidities which will remain a major constraint to export diversification in the short to medium term. In the long run, non-traditional exports would have to grow by some 30 percent annually if they were to become the new engine of growth. We stress that success will depend crucially on the government's macroeconomic policies being both conducive to the promotion of investment spending and supportive to the objective of restoring viability in the balance of payments.
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Books on the topic "Foreign Zambia"

1

Conferences, Euromoney. Investing in Zambia. London: Euromoney Publications PLC, 1997.

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2

Arne, Bigsten, Persson Håkan, and Nordiska Afrikainstitutet, eds. Foreign aid, debt, and growth in Zambia. Uppsala: Nordiska Afrikainstitutet, 2000.

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3

Zambia. Action-taken report on the report of the Committee on Foreign Affairs. [Lusaka]: Govt. Printer, 1999.

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4

Jalakas, Rudolf. Foreign exchange Zambia: An evaluation of the auction system in the Zambian economy. Stockholm: Swedish National Development Authority, 1987.

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5

Somers, Jean. Zambia: Debt vs development. Dublin: Debt and Development Coalition Ireland, 1997.

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6

Zambia. Balance of Payments Statistical Committee. Foreign private investment and investor perceptions in Zambia, 2010. Lusaka]: Balance of Payments Statistical Committee, Govt. of Zambia, 2010.

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7

Seminar on the Exchange Rate (1988 Lusaka, Zambia). Report on the proceedings of the Seminar on the Exchange Rate: Held at the Pamodzi Hotel, Lusaka, on Friday, 22 April, 1988. [Lusaka]: Economics Association of Zambia, 1988.

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8

Kayizzi-Mugerwa, Steve. External shocks and adjustment in Zambia. [Göteberg: Götebergs universitet, 1988.

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9

Rajwar, Sushmita. China in Africa: With special reference to Zambia. Delhi: Globus Press, 2014.

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10

Collantes, Verona. An investment guide to Zambia: Opportunities and conditions. New York: United Nations, 2011.

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More sources

Book chapters on the topic "Foreign Zambia"

1

Burdette, Marcia M. "Zambian Foreign Policy." In Zambia, 133–59. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267987-6.

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Kalu, Kelechi A., and Jiyoung Kim. "Zambia." In Foreign Aid and Development in South Korea and Africa, 137–68. London: Routledge, 2021. http://dx.doi.org/10.4324/9781003161516-5.

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Anglin, Douglas G., and Timothy M. Shaw. "Zambia: Dependence and Underdevelopment." In Zambia's Foreign Policy, 381–408. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-13.

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Anglin, Douglas G., and Timothy M. Shaw. "Zambia and Southern African “Detente”." In Zambia's Foreign Policy, 272–309. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-9.

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Anglin, Douglas G., and Timothy M. Shaw. "Introduction: Zambia and World Politics." In Zambia's Foreign Policy, 3–38. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-2.

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Anglin, Douglas G., and Timothy M. Shaw. "Conclusion: Zambia as a Middle Power." In Zambia's Foreign Policy, 409–29. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-14.

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Anglin, Douglas G., and Timothy M. Shaw. "Zambia and the Angolan Civil War." In Zambia's Foreign Policy, 310–50. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-10.

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Anglin, Douglas G., and Timothy M. Shaw. "The Foreign Policy System of Zambia." In Zambia's Foreign Policy, 72–110. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-4.

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Anglin, Douglas G., and Timothy M. Shaw. "Zambia and Southern African Liberation Movements 1964-1974." In Zambia's Foreign Policy, 234–71. New York: Routledge, 2021. http://dx.doi.org/10.4324/9780429267895-8.

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Guo, Yu. "Development and Characteristics of China’s Foreign Aid: The Tanzania–Zambia Railway." In South-south Cooperation and Chinese Foreign Aid, 23–34. Singapore: Springer Singapore, 2018. http://dx.doi.org/10.1007/978-981-13-2002-6_2.

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