World Bank Group2014-08-142014-08-142014-06https://hdl.handle.net/10986/19300Zambia continues to experience strong growth, but challenges are building up. Copper prices are declining, and global financial conditions are tightening. At home, the fiscal deficit is becoming difficult to manage, and Zambia's currency has sharply depreciated. The government intends to reduce future budget deficits, but this would involve making difficult political choices. In the past few years inflation and interest rates have declined and the currency has been relatively stable, providing an environment for growth and reducing poverty. High inflation would hurt the poor most. The brief specifically focuses on the opportunity for Zambia to emerge as a major food exporter to Eastern and Southern Africa and the policy direction that would take it there; the need to reduce high costs of crossing borders that will facilitate regional trade in non-copper products; and a long-term approach to developing competitiveness of the local mining supply cluster.en-USCC BY 3.0 IGOACCESS TO FINANCEACCESS TO FINANCIAL SERVICESACCESS TO INFORMATIONADMINISTRATIVE CAPACITYADMINISTRATIVE COSTADOLESCENT FERTILITYAIR POLLUTIONALLOCATION OF RESOURCESARREARSBANKSBENEFICIARIESBORROWINGBRANCH NETWORKCAPACITY CONSTRAINTSCAPITAL ADEQUACYCAPITAL MARKETSCASH TRANSFERCASH TRANSFERSCLIMATE CHANGECONSUMER PROTECTIONCONTRACEPTIONCONTRACEPTIVE PREVALENCECONTRACT RIGHTSCORPORATE TAXESCORRUPTIONCOST OF SUBSIDIESCURRENT ACCOUNTCURRENT ACCOUNT DEFICITSDEBTDEBT MANAGEMENTDEBT POLICYDEBT RATIOSDEBT SERVICEDEBTSDECENTRALIZATIONDECISION MAKINGDEVELOPING COUNTRIESDISCRIMINATIONDOMESTIC MARKETSDOMESTIC VIOLENCEDONOR FUNDSE-GOVERNMENTEARLY CHILDHOODECONOMIC ACTIVITYECONOMIC CONDITIONSECONOMIC DEVELOPMENTECONOMIC INTEGRATIONECONOMIC OPPORTUNITIESECONOMIC RESOURCESEDUCATION FINANCEEDUCATION LEVELEDUCATION SYSTEMEDUCATION SYSTEMSEMERGING MARKETSEMPLOYMENT STATUSENDOWMENTSENVIRONMENTALENVIRONMENTAL POLICIESENVIRONMENTAL SUSTAINABILITYENVIRONMENTSEQUAL ACCESSEQUIPMENTEXCHANGE RATEEXPENDITUREEXTREME POVERTYFAMILIESFINANCIAL CAPITALFINANCIAL LITERACYFINANCIAL MANAGEMENTFINANCIAL MARKETSFINANCIAL RESOURCESFINANCIAL STABILITYFINANCIAL SYSTEMSFINANCIAL WEAKNESSFINANCIAL WEAKNESSESFISCAL DEFICITFISCAL POLICYFISHFOREIGN DIRECT INVESTMENTFRAGILE GROUPFRAGILE GROUPSFRAUDGENDERGENDER DISPARITIESGENDER EQUALITYGENDER GAPSGENDER INEQUALITIESGENDER ISSUESGENDER PARITYGLOBAL ECONOMYGLOBAL ENVIRONMENTGOVERNMENT BONDSGOVERNMENT DEBTGOVERNMENT EXPENDITURESGOVERNMENT REVENUEGOVERNMENT SPENDINGHOUSEHOLDSHUMAN CAPITALHUMAN CAPITAL DEVELOPMENTHUMAN DEVELOPMENTHUMAN RESOURCESHUSBANDSILLITERACYINCOME LEVELINCOME-GENERATING ACTIVITIESINEQUALITYINFLATIONINFLATION RATEINFORMATION SYSTEMINFORMATION SYSTEMSINSTRUMENTINSURANCEINTEREST PAYMENTSINTEREST RATEINTEREST RATE CEILINGSINTERNATIONAL CAPITALINTERNATIONAL CAPITAL MARKETSINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL MARKETSINTERNATIONAL STANDARDSINVESTMENT CLIMATEJUDICIAL SYSTEMLABOR FORCELABOR FORCE PARTICIPATIONLABOR MARKETLABOR MARKETSLACK OF TRANSPARENCYLEGAL FRAMEWORKLEGAL PROTECTIONLEGAL RIGHTSLIQUIDITYLIVE BIRTHSMACROECONOMIC POLICIESMACROECONOMIC POLICYMACROECONOMIC STABILITYMALE LABOR FORCEMALE PARTICIPATIONMARRIED WOMENMATERNAL HEALTHMATERNAL HEALTH CAREMATERNAL MORTALITYMATERNAL MORTALITY RATEMILLENNIUM DEVELOPMENT GOALMONETARY AUTHORITIESMONETARY POLICIESMONETARY POLICYNATIONAL CONSTITUTIONNATURAL RESOURCESNON-PERFORMING LOANNON-PERFORMING LOANSOILOPERATING COSTSPARLIAMENTARY SEATSPENSIONPENSION FUNDPENSION SYSTEMPENSION SYSTEMSPENSIONSPOLICY ANALYSISPOLICY ENVIRONMENTPOLICY ENVIRONMENTSPOLICY REGIMEPOLITICAL INSTABILITYPOLITICAL STABILITYPRIMARY EDUCATIONPRIMARY ENROLMENT RATIOSPRIVATE INVESTMENTPROGRESSPROPERTY RIGHTSPUBLIC BUDGETSPUBLIC DEBTPUBLIC DEBT DATAPUBLIC EXPENDITURESPUBLIC INVESTMENTPUBLIC PARTICIPATIONPUBLIC SPENDINGQUALITATIVE INFORMATIONQUOTASREFUGEESREGULATORY FRAMEWORKRENEWABLE RESOURCESREPRODUCTIVE HEALTHRESERVESRESOURCE MANAGEMENTRESOURCE USERISK MANAGEMENTRISK OF DEBTRULE OF LAWRURAL AREASSAFETY NETSAFETY NETSSECONDARY EDUCATIONSECONDARY SCHOOLSECONDARY SCHOOL ENROLMENTSECURITY SITUATIONSOCIAL EXPENDITURESSOVEREIGN BONDSSTATUTORY LAWSUB-NATIONAL DEBTSUSTAINABLE GROWTHTARIFF BARRIERSTAXTAX COLLECTIONTAX DEDUCTIONSTRADE FACILITATIONTRADE REGIMESTRADINGTRANSPARENCYUSER FEESVALUATIONVENTURE CAPITALVULNERABILITYVULNERABLE PEOPLEWAGESWATER POLLUTIONZambia Economic Brief, June 2014 : Promoting Trade and Competitiveness - What Can Zambia Do?10.1596/19300