Zambia’s last programme with the International Monetary Fund (IMF) expired in 2011. At that time, the country had established sustained macroeconomic stability and robust growth underpinned by conservative fiscal and monetary policies as well as a cond …

The aim of this paper is to review the ESGP, particularly, its performance in 2018. The paper sets out to understand how well Zambia faired in implementing the ESGP as well as to highlight the broader fiscal trends recently. It ultimately seeks to make …

Since 2015, Zambia’s real GDP growth has declined markedly, its local currency has depreciated notably with episodes of serious volatility, and the risks of fiscal and debt distress have mounted. As the country searches for solutions, one viable intern …

More formally, what are some of the profound elements of unfinished business in China-Zambia relations which tie to Zambia’s developmental goals and aspirations, including those in the Vision 2030? This policy brief sought to undertake a critical compa …

This paper offers an alternative perspective to the motion on anti-abolition of subsidies. We argue that during their existence, the fuel and electricity subsidies had benefitted the poor far less than they had done any other social groups in Zambia. L …

All around the world, labour employment is seen as a fundamental activity for earning incomes and securing livelihoods for people and families. Economies are therefore often preoccupied with the business of creating of jobs. The objective of the study …

This policy paper was prompted by a protracted deliberation between the Zambian Government and the International Monetary Fund (IMF) regarding a Fund-supported economic programme. The Zambian authorities began contemplating an IMF “bailout package” in …

This study sought to undertake a critical comparative assessment of the trade (and other underpinning socioeconomic) developments in China, Africa and Zambia, with a view to understanding their impetus as well as their consequences, both positive and n …

International trade, development and investment are primary drivers of globalization. In 2014, Zambia’s trade openness – in terms of total monetary flows on all export and import transactions combined – was estimated at 79.6% of GDP while the total (cu …

In this paper, the author seeks to discuss the conduct of monetary policy in an inflation targeting framework. The objective is to understand structural and institutional nuances in settings where this framework is successful in controlling inflation a …

This Regional Economic Outlook report focuses broadly on two aspects, namely the commodity price slump as well as sustainable growth and financial development. Many key insights are offered as well as broad policy recommendations. The report makes one …

The purpose of the opinion poll was to inform the Government, other key stakeholders and the general public about the opinions of various Show goers regarding various issues on Casualisation. Decidedly, while the opinion poll is not representative of t …

“Despite high levels of economic growth Zambia is at risk of a jobs crisis. Economic growth averaged 7.9% between 2007 and 2013, but formal sector jobs have only increased by 3.4%. Responding to this challenge is perhaps the country’s biggest priority. …

“Tourism is potentially one of Zambia’s best prospects for economic diversification and growth. The tourism sector has the potential to play an increasingly important role in stimulating economic growth by contributing to job creation, foreign exchange …

“Zambia is participating actively in regional integration programmes, but little is known about the impacts of tariff reforms associated with such initiatives. This paper assesses the potential effects for Zambia of the trade reforms implied in both th …

“Zambia has participated actively in the Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC) regional integration programmes. Within SADC it is now reportedly a full participant in the SADC Free Trad …