“We find that MSMEs choice of the main-bank does not persist signaling the absence of switching costs and the vague role of relationship banking. Moreover, switching a main-bank has no effect on lending interest rates. Our results imply that MSMEs are …

“Fitch, a renowned global credit rating agency and one of the top three statistical rating organizations in the world recently maintained Zambia’s sovereign credit risk rating of ‘B+’ at its second rating of the country’s sovereign risk that began in 2 …

“The important contribution made by MSMEs in the development of any economy cannot be overlooked. In Zambia, MSMEs contribute about 56% of the total number of jobs and account for over 80% of the number of businesses registered at the Patents and Compa …

“This paper deals with the dynamics of Zambia’s export performance, analyzing the birth, death and persistence of exporting in various products and destinations. We use a framework that has recently proliferated in international trade to decompose the …

“Export-transactions data for the period 1999-2011 in Zambia suggests that much of the growth in the value of exports has been driven by the contribution of new exporters than pre-existing exporters. The catastrophic growth among pre-existing exporters …

“A new ZIPAR report estimates the private returns to schooling in Zambia. These results have important ramifications for education policy and individuals’ investment decisions. Specifically, they imply that public provision of schooling should be conce …

“For a long time, Zambia has had no studies estimating returns to education despite this being a critical factor in knowing what is driving the demand to education, particularly different levels of education. This paper has estimated the returns to edu …