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Zambia - More Jobs and Prosperity in Zambia : What Would it Take? Based on the Jobs and Prosperity : Building Zambia’s Competitiveness Program(World Bank, 2011-06-01) World BankWhile 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 5-6 percent a year, business reforms are being implemented, and investment levels are at an all time high. However, according to the World Economic Forum's global competitiveness index 2010-2011, Zambia is not a competitive place in which to do business (ranking 115th out of 139 countries). Not surprisingly, business productivity tends to be low, and few Zambian industries are internationally competitive. Formal employment is shrinking and rural poverty is increasing. In summary, there is an urgent need to increase productivity, growth and employment. These questions continue to preoccupy policy makers, businesses and civil society especially in light of government's strategy to embrace private sector-led growth and facilitate competitiveness and diversification. The Jobs and Prosperity: Building Zambia's Competitiveness (JPC) Program is an effort to answer these questions and, at the same time, to achieve some concrete results that improve industry productivity and competitiveness. The Zambian government, with support from donors, has, for a long time, been trying to raise prosperity by encouraging more productive businesses, more competitive and diverse industries, and greater employment. Yet these efforts have not generated the results sought. The goal of the JPC Program is to achieve some meaningful progress towards improving industry productivity and competitiveness. The Program focuses on four industries so as to build traction and keep the scope of work manageable. The industries were selected by a group of Zambian stakeholders. The Program facilitated a process through which Zambian stakeholders identified some narrowly defined target results that, if achieved, could help these industries become more productive and then supports initiatives to achieve these results.
Publication(World Bank, 2011-06-01) World BankThis report is a window into a larger initiative, the jobs and prosperity: building Zambia's Competitiveness (JPC) program. The JPC program is a 'joint venture' between the governments of the Republic of Zambia, the Zambian private sector, the United Kingdom's Department for International Development (DFID), the African development bank group and the World Bank Group. As such, the report represents the collective efforts of many people who engaged in this work at different stages in the process. This report is part of a series produced by the World Bank's Africa Finance and Private Sector Development Unit (AFTFP). This report explores the potential contribution that the beef and dairy industries could make to jobs and prosperity in Zambia, and what it will take to achieve this potential. The Zambian government has been looking to increase growth and job creation, and the prosperity resulting from them, by developing a more competitive and diversified economy. This report explores the potential contribution that the beef and dairy industries could make to the government's ambition and sets out what it will take for the industries to achieve their potential. Two main factors provide Zambia with large potential for developing its beef and dairy industries: the country could sustain more than double its current population of cattle; the demand for beef and dairy products in the domestic and regional markets is likely to increase significantly. However, Zambia's beef and dairy industries are currently underperforming and uncompetitive.