Blog entries from: Zambian Economist

A non-partisan website that provides independent economic perspectives on Zambia's progress towards meaningful development for her people.

1 to 10 of 127

September 17 2014

From Zambian Economist Wed Sep 17 2014, 18:32:00

Community Development Minister Emerine Kabanshi recently announced that the Government plans to extend the cash transfer scheme to cater for up one million households. Government has sensed that it is onto an election winner.

GRZ is currently running two cash protection schemes that gives support to the vulnerable in the community : social cash transfer and social protection fund. The cash transfer is a bi-monthly cash allowance of $25 and $50 dollars for vulnerable households and households where there are people with disabilities respectively.

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September 15 2014

From Zambian Economist Mon Sep 15 2014, 09:39:00

By Bruce Chooma

Zambia is in a bizarre position when it comes to land administration and management. No one knows how much land is available for various purposes. For over 20 years the Zambian government has insisted that only 6% of land in Zambia is state land the remaining 94% is customary. The truth is that a lot of land has since been converted from customary to state land across the country but without any reliable system of records at the Ministry of Lands.

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September 12 2014

From Zambian Economist Fri Sep 12 2014, 18:26:00

"It is our hope also that the government will help companies like Times of Zambia where workers have gone for three or four months without getting paid. Workers have been patient, we have met the labour and information ministries but the request we made to the Ministry of Finance is still pending and they are the ones who hold the key...If this money is paid, then the Times of Zambia can also manage to pay the workers"

LEONARD HIKAUMBA

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September 10 2014

From Zambian Economist Wed Sep 10 2014, 18:23:00

A recent World Bank blog piece  about infrastructure and development makes the following interesting comment :

"Will public investment in infrastructure be sufficient for unleashing faster economic growth in Sub-Saharan Africa? The evidence, both academic and empirical seems to say not necessarily. We see from the works of Rodrik, Hausmann and Velasco (2005)  that developing economies face multiple constraints to growth, and that public policy should focus on removing the binding constraints that really matter. However, that requires an accurate diagnosis of the binding constraints to growth" 

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September 8 2014

From Zambian Economist Mon Sep 8 2014, 18:46:00

A recent IMF working paper has an interesting summary of the latest empirical evidence on the channels linking the judicial system and growth :

Development of credit markets and cost of credit. Weak contract enforcement raises the cost of borrowing, and shortens loan maturities (Bae and Goyal, 2009; Laeven and Majnoni, 2003), with a detrimental impact on investment, the depth of mortgage markets, and GDP (Bianco et al., 2002; Laeven et al., 2003; Djankov et al., 2008).

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September 4 2014

From Zambian Economist Thu Sep 4 2014, 17:36:00

A fascinating comment in Business Week on the potential of the ebola virus on the West African region :

"Sierra Leone's prospects were bright before the worst-ever outbreak of the virus. The economy was expected to grow 14 percent this year, almost three times faster than the average for sub-Saharan Africa. In neighboring Liberia and Guinea, rich iron-ore deposits were luring billions of dollars in foreign investment and fueling growth. Then, in December, the first case of Ebola appeared in Guinea. Its emergence at first was seen as a short-term outbreak with limited economic impact. The disease now threatens to cripple three economies with a combined gross domestic product of about $13 billion. Commodity companies are slowing production, and airlines are shutting routes. In Liberia, the ...

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From Zambian Economist Thu Sep 4 2014, 17:30:00

Populist leaders...start out attacking their opponents' corruption and accuse them of hijacking the state for a self-serving political establishment that excludes the interests of ordinary people. Yet, when in power, they end up behaving exactly the same, treating the state as their or their party's property and engaging in, or at least condoning, corruption. Usually, this apparent hypocrisy does not hurt populists' electoral prospects"

From Jan-Werner Mueller's fascinating piece on the paradox of populism. It has a lot of resonance with much of the African experience.  The authors suggest that the reason why this paradox exist is because populism erodes the distinction between government and the people.

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September 1 2014

From Zambian Economist Mon Sep 1 2014, 04:24:00

By Bruce Choma 

The victory recorded by the Patriotic Front in the recently held by-election in Mangango is no mean achievement for them as a party seeking to establish national character.

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August 31 2014

From Zambian Economist Sun Aug 31 2014, 05:40:00

Editor's note: This is a guest post by Michael Chishala, a Zambian writer and regular contributor to the discussions on the ZE Facebook page. Follow him on Facebook.

On 20 August 2014 (the day after the Mangango by-election), an article was published on Zambian Economist (ZE) Facebook page claiming that "...if elections were held today across the country, PF would win it comfortably because they continue to consolidate the rural vote, capitalising on their better organisation and financial resources." Furthermore, "It also means that any broadly reasonable candidate for PF in 2016 should secure re-election, provided PF do not do anything stupid between now and then." I wish to respectfully disagree with both the conclusions and reasoning in the article as follows:

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August 30 2014

From Zambian Economist Sat Aug 30 2014, 15:43:00

I was going through my report archive and I stumbled on this report. After checking I have concluded that unfortunately I have not shared it before. It has some helpful statistics pertaining to the Zambian economy last year. 

AUTHOR

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