Industrial diversification in Zambia. by Young, Alistair.

Cover of: Industrial diversification in Zambia. | Young, Alistair.

Published by Praeger in New York .

Written in English

Read online

Places:

  • Zambia.

Subjects:

  • Manufacturing industries -- Zambia.,
  • Diversification in industry -- Zambia.,
  • Industrial policy -- Zambia.

Edition Notes

Bibliography: p. 322-328.

Book details

SeriesPraeger special studies in international economics and development
Classifications
LC ClassificationsHD9737.Z32 Y68
The Physical Object
Paginationxvii, 328 p.
Number of Pages328
ID Numbers
Open LibraryOL5416266M
LC Control Number73008173

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Additional Physical Format: Online version: Young, Alistair. Industrial diversification in Zambia. New York, Praeger [] (OCoLC) Material Type. In Zambia’s government took a bold step to accelerate the country’s economic diversification, bringing public firms under a new investment arm The Industrial Development Corporation (IDC) is a tool Zambia’s leadership believes will draw vastly increased levels of investment into the economy, creating wealth and jobs to further.

Zambia - Industrial policy and performance (English) Abstract. The industrial sector clearly has an important role to play in Zambia's future economic development.

If the economy is to become more independent of both copper exports and imported goods, industrial and agricultural production must expand in a balanced. Zambia Industry.

In the past decade, the Zambian government made an essential move towards privatized and open market economy. This reduced Zambia’s heavy dependence on copper, leading to a growing trend towards non-traditional exports including agro.

Zambia’s lack of economic diversification and dependency on copper as its sole major export makes it vulnerable to fluctuations in the world commodities market and prices turned downward in due to declining demand from China; Zambia was overtaken by the Democratic Republic of Congo as Africa’s largest copper producer.

Economic diversification remains key to addressing the high levels of poverty and inequality in Zambia. Over dependence on the mining sector has not entirely helped in reducing poverty because the. The challenge for Zambia is that the pace of diversification has been too slow.

It has not made significant progress in the area of manufacturing which still accounts for just around 10% of exports.

Although tourism continues to grow, it remains far behind compared to regional competitors such as Kenya, RSA and Zimbabwe. Economic diversification in Zambia must be private sector driven-President Lungu.

By “This is the sure way we will score success in transforming Zambia into an industrial Hub and government. Economic diversification falls into two major types: economic (product) diversification and export diversification. Economic diversification is generally defined as the process in which the economy becomes more diverse in terms of goods and services it produces.

Export diversification refers to deliberate policies intended to change the shares ofFile Size: KB. The /6 industrial plans under the Ministry of Commerce Trade and Industry outlined the objectives and guidelines of industrialisation in Zambia to include: Development and diversification of the economy, Reduction of imports and improved saving of foreign exchange,File Size: KB.

crop diversification in Zambia and the implications for policy. The study’s main objective was to investigate the factors determining smallholder crop diversification including government policy of supporting maize through FISP and FRA, household demographics, availability of agricultural File Size: KB.

Industrial Production in Zambia increased percent in the third quarter of over the same quarter in the previous year. Industrial Production in Zambia averaged percent from untilreaching an all time high of percent in the second quarter of and a record low of percent in the first quarter of This page provides - Zambia Industrial Production.

Zambia’s future development will depend, in important part, on diversification of the economy, developing new areas of production and export.

The best prospects for diversification are within the agricultural sector. Historically, Zambia’s agriculture sector has been dominated by maize growing. zambia Sustaining Agricultural Diversification abSTRacT Zambia has a huge agricultural potential, which is still largely untapped, and could play a key role in growth and poverty eradication.

Since the early s, the government has implemented important reforms to promote privatisation and trade reforms, leading to higher investmentFile Size: 1MB. Zambia (/ ˈ z æ m b i ə /), officially the Republic of Zambia, is a landlocked country in south-central Africa (although some sources consider it part of East Africa).Its neighbors are the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique to the southeast, Zimbabwe and Botswana to the south, Namibia to the southwest, and Angola to the Capital and largest city: Lusaka, 15°25′S 28°17′E.

The economy of Zambia is one of the fastest growing economies in Africa and its capital, Lusaka is the fastest growing city in the Southern African Development Community (SADC).

Zambia itself is one of Sub-Saharan Africa's most highly urbanized countries. About one-half of the country's 16 million people are concentrated in a few urban zones strung along the major transportation corridors Currency: Zambian kwacha (ZMW). INDUSTRIAL DISPUTE ACT ()Ever expanding complex multi product/project companies with diverse and conflicting interests of workmen and employers, growing labor consciousness, resulting in strikes and lockouts, lead to the outcome of Industrial dispute Act, Main provisions of the Act are:Settlement machinery -Provides suitable machinery.

v Diversification under climate variability as part of a CSA strategy in rural Zambia Aslihan Arslan1*, Romina Cavatassi2, Leslie Lipper3, Nancy McCarthy4, Federica Alfani1 and Misael Kokwe3 1 Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA), Viale delleTerme di Caracalla, Rome, Italy.

Thursday April 2, - The Government of the Republic of Zambia is seriously engaging in economic diversification to reduce it’s over reliance on copper exports. Speaking in an interview with CNBC Africa, Mr. Henry Sakala Acting Director General Zambia Development Agency (ZDA), said government had identified some priority sectors for investment, which include manufacturing, tourism.

Economic Diversification in Zambia’s Agriculture and Tourism Sectors On June 9, June 9, The British Chamber of Commerce, in association with and support from the Indaba Agriculture Policy Research Institute held an event on Economic Diversification in two of Zambia’s key sectors at the Taj Pamodzi hotel in April.

Zambia particularly in the field of gemstone and industrial mineral, which offer great potential. Agriculture, fishery and forestry, which account for 20 per cent of Zambian GDP, shrunk by per cent in Compared to many other Southern African countries, Zambia has relatively abundant land and water.

Some of 58 per cent of Zambia’s File Size: KB. We are all agreed that diversification is one of the best options to grow Zambia’s economy.

The need to do so arises from the fact that there are many more avenues we can explore other than. illustrates the impact of industrial policy beyond the borders when these are framed by a particular agreement. RECOMMENDATIONS Both Zambia and Botswana have emphasised export diversification over a long time.

Carefully guided sectoral interventions have yielded some small results in Zambia and sectoral interven. strategy paper on industrialisation and job creation Over the last five years, this investment framework has delivered a significant increase in foreign and domestic investment with foreign direct investment rising from approximately US$File Size: 1MB.

achieving sustainable economic growth and diversification. At independence, farming, especially cattle, was the most important economic activity. Acemoglu, Johnson and Robinson note that in the absence of any other sector to develop, early. While Zambia's economy performs well, in macroeconomic terms, low levels of productivity plague industry, and this constrains growth, diversification and prosperity.

In recent years, economic growth has averaged percent a year, business reforms are being implemented, and investment levels are. Zambia To Support Industrialization And Economic Diversification By Setting Up 90 Factories Across The Country Octo The Citizens Economic Empowerment Commission (CEEC) has recently announced that with the new Zambia’s National Budgetit is able to finance the setting up of spread in 42 districts across the country.

Developing Industrial Clusters and Supply Chains to Support Diversification and `Sustainable Development of Exports in Africa - The Composite Report Research (PDF Available) April with. firms have not. The combination of industrial and global diversification has been found to yield an additional premium of %.

This positive effect is even stronger for firms that diversified into unrelated industries after the crisis. It has also been discovered that the premium for industrial diversification increases with the numberFile Size: 1MB. Zambia is blessed with copper, cobalt and other mineral resources.

However, in order to reduce its economic dependency on the mineral industry, the country has long had a development policy of economic diversification. In recent years, domestic and foreign demand for non-mineral products has expanded within Zambia and in nearby countries.

The turbulence copper, Zambia’s foreign exchange earner, has found itself in, sounds an alarm for the urgent need for the country to enhance policies and programmes that will help to move away from this metal economic over reliance.

Those born before independence in and shortly after will never forget what copper did to this. involvement. Zambia must reduce the deforestation rate to ensure a green economy and sustianbale development. Responding to climate change: The threats of climate impacts to sustainable development are critical and these have to be addressed if Zambia is to move towards.

ECONOMIC diversification is critical for the advancement of the Zambian economy and has been on cards since the turn of the new millennium. Efforts have been made by various interest groups, including Zambia’s cooperating partners such as, the World Bank and International Monetary Fund (IMF) to ensure that Zambia embarks on a successful diversification path to strengthen the economy which.

Regrouped into a new state holding company Zambia Industrial and Mining Company (ZIMCO), state enterprise net assets totaled K million in FYcompared to the K35 million of assets held by INDECO before the takeovers began in FY As the ZIMCO Annual Report noted "based on the results ZIMCO ranked rd in size amongst the.

Economic diversification becoming a reality. or an industrial park. Zambia is open for investment to all other investors and the ZDA is also waiting with enthusiastic hands to.

BOOK LAUNCH Applying the Kaizen in Africa: A New Avenue for Industrial Development. The Participation of Zambia By Mrs. Ndiyoi M Mutiti Ambassador of Zambia to Japan The Government of the Republic of Zambia has a vision of becoming a prosperous middle income country by This calls for diversification of the economy & enhanced.

industrial strategies in Zambia 1. Introduction and summary This brief provides a summary of the findings of a study investigating the current and potential opportunities for growth promotion through industrial strategies in Zambia.

The study analysed trends and patterns in industrial performance over time, as well as industry-level File Size: KB. Book Description. Economic diversification remains at the top of the agenda for hundreds of regions around the world. From the single commodity economies of African countries and the Caribbean, to the many single industry regions of Europe and North America, as well as the oil and gas rich but volatile hydrocarbon economies.

Epstein, Politics in an Urban African Community (Manchester University Press, ) p. On the disturbances, see Report of the Commission appointed to inquire into the Disturbances in the Copperbelt, Northern Rhodesia, (Russell Commission) (Lusaka: Government Printer, ).Report of the Commission appointed to enquire into the Disturbances in the Copperbelt, (Forster Cited by: 7.

diversification. Zambia hosts the hea dquarters of Financial Sector Reforms and Economic Growth: Evidence from Nigeria using an endogenous growth model in which industrial production is a Author: Mahendra Pal. Zambia. Fighting Deforestation. Forests are rapidly vanishing in Zambia. The country’s rate of depletion of this natural resource is extremely high.

The government is looking for new lines of approach and action to stop the human roots of this ecological crisis. Approximately 65% of Zambia’s total land area is covered by forests.Zambia’s Economic Diversification Record At independence inZambia inherited an economy that was highly integrated both in the world economy and in the Southern African region (Turok, ) [39].

At the world level Zambia’s economy was highly dependent on copper, making it an economy whose performance depended on howAuthor: Sumbye Kapena, Lubinda Haabazoka.For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks.

Countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. For these resource producing economies relative.

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