Author: ZIPAR / Political Geography: Global Focus

Author:: ZIPAR
Publication Date:: 03-2017
Content Type:: Policy Brief
Institution:: Zambia Institute for Policy Analysis and Research (ZIPAR)
Abstract:: Zambia is emerging from a major economic downturn. The copper price collapse, electricity shortages, huge fall in the value of the Kwacha and high inflation in 2015 left the economy stalling. Growth in 2015 was 2.9% and possibly 3.4% in 2016, significantly below the long-term average rate of 6.9%. The downturn was compounded by a tightening of monetary policy which made it harder for businesses to borrow, and by a continuation of expansionary fiscal policies which increased the budget deficit and Government debt. Because the scale of the challenge was so significant, the Government announced it would launch Zambia Plus, a home-grown recovery programme to put the economy back on track
Topic:: International Political Economy and International Affairs
Political Geography:: Global Focus

Author:: ZIPAR
Publication Date:: 09-2017
Content Type:: Policy Brief
Institution:: Zambia Institute for Policy Analysis and Research (ZIPAR)
Abstract:: Export-transactions data for the period 1999-2011 in Zambia suggests that much of the growth in the value of exports has been driven by the contribution of new exporters than pre-existing exporters. The catastrophic growth among pre-existing exporters is explained by the high death rate that occurs within the first two years of exporting. Approximately between 50%- 60% of exporters will not survive beyond the year of export commencement. We discuss the potentially important policy implications of these rather surprising results relative to the sizeable evidence that shows it is the deepening of export values among existing exporters that drives much of the year-on-year growth in exports for many advanced and developing countries.
Topic:: International Affairs
Political Geography:: Global Focus

Author:: ZIPAR
Publication Date:: 09-2017
Content Type:: Policy Brief
Institution:: Zambia Institute for Policy Analysis and Research (ZIPAR)
Abstract:: Zambia is one of many developing countries struggling to create adequate employment opportunities for its people, especially in the formal economy. Unemployment is highest among youths (15–24 years old) and particularly affects those without skills. Unless the challenge of youth unemployment is met, Zambia could face rising poverty levels in the future. Based on a survey of firms in the mining and quarrying, manufacturing, and construction industries, this study analyses constraints on the demand for youth labour and identifies five broad policy areas in which the government could help make it easier for firms to absorb more young people.
Topic:: International Affairs
Political Geography:: Global Focus

Author:: ZIPAR
Publication Date:: 01-2013
Content Type:: Policy Brief
Institution:: Zambia Institute for Policy Analysis and Research (ZIPAR)
Abstract:: Zambia’s tax revenue-to-GDP ratio dropped to a record low of 13% in the early 1990s from a peak of 30% in the 1970s. To address the problem, Government embarked on a wide range of tax reforms that included the formation of the Zambia Revenue Authority (ZRA) in order to increase revenue collection through efficient tax administration. Despite these reforms, tax revenues have remained low, averaging only 17% of GDP. The low tax revenues can be partly attributed to tax evasion. The current legal and administrative measures to address this problem are inadequate. This is evidenced by the underperformance of taxes such as PAYE with a significant proportion remaining uncollected. The estimated PAYE tax gap as a percent of GDP is 6.7% or 40.3% of total tax revenues in 2010. Government should embark on comprehensive legal and administrative tax reforms in order to minimise the tax gap, thereby combating tax evasion.
Topic:: International Affairs
Political Geography:: Global Focus

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