Zambia Second Investment Climate Assessment
This assessment of Zambia's investment climate highlights some of the impediments to growth and export diversification in the current business environment in the country. It is based on an analysis of enterprise survey data specifically collected for the purpose, namely, the World Bank's Zambia Enterprise Survey of 2008. The report is in two volumes. Volume I is an overview, while Volume II is the final report, whose introductory chapter sets the stage for the analysis of microeconomic aspects of business environment in the following chapters. Chapter 2 analyzes manufacturing productivity in an international perspective as a proximate determinant of manufactured exports. Chapter 3 discusses key business environment variables as underlying factors in manufacturing employment and productivity, and draws the main policy implications of the assessment. Chapter 4 is a more in-depth analysis of disparity in access to finance across firms and sectors as a major source of market distortions and allocative inefficiency. Chapter 5 discusses labor market issues with a focus on labor regulation, wage formation and on-the-job training.
Summary: | This assessment of Zambia's
investment climate highlights some of the impediments to
growth and export diversification in the current business
environment in the country. It is based on an analysis of
enterprise survey data specifically collected for the
purpose, namely, the World Bank's Zambia Enterprise
Survey of 2008. The report is in two volumes. Volume I is an
overview, while Volume II is the final report, whose
introductory chapter sets the stage for the analysis of
microeconomic aspects of business environment in the
following chapters. Chapter 2 analyzes manufacturing
productivity in an international perspective as a proximate
determinant of manufactured exports. Chapter 3 discusses key
business environment variables as underlying factors in
manufacturing employment and productivity, and draws the
main policy implications of the assessment. Chapter 4 is a
more in-depth analysis of disparity in access to finance
across firms and sectors as a major source of market
distortions and allocative inefficiency. Chapter 5 discusses
labor market issues with a focus on labor regulation, wage
formation and on-the-job training. |
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