Zambia Building Prosperity from Resource Wealth

by Adam, Christopher; Collier, Paul; Gondwe, Michael

• ISBN13: 9780199660605
• ISBN10: 0199660603
• Format: Hardcover
• Copyright: 2014-11-11
• Publisher: Oxford University Press

Author Biography

Christopher Adam, Professor of Development Economics, and Research Associate, CSAE, University of Oxford,Paul Collier, Professor of Economics and Public Policy, Blavatnik School of Government, and Director, Centre for the Study of African Economies, Department of Economics, University of Oxford,Michael Gondwe, Governor, Bank of Zambia

Christopher Adam is Professor of Development Economics at the University of Oxford. He studied economics at the University of St Andrews in Scotland and at Nuffield College, Oxford. His research is primarily on the macroeconomics of low-income economies, particularly those of Sub-Saharan Africa. He is a Research Associate at the Centre for the Study of African Economies, Fellow of the European Development Network, Visiting Professor at the University of Clemont-Ferrand, France and occasional Visiting Scholar at the IMF. He currently serves as Lead Academic for Tanzania for the International Growth Centre and is Vice Chair of the Board of the African Economic Research Consortium.

Paul Collier, CBE, is a Professor of Economics and Director for the Centre for the Study of African Economies at the University of Oxford. From 1998 to 2003 he was the Director of the Development Research Group of the World Bank. He is the author of several books including 'The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It' which won the Lionel Gelber, the Arthur Ross and Corine prizes. His most recent book 'The Plundered Planet: Why We Must and How We Can Manage The World's Natural Resources to Ensure Global Prosperity' has recently been published. His research covers the causes and consequences of civil war; the effects of aid and the problems of democracy in low-income and natural-resources rich societies.

Michael Gondwe, was appointed Governor of the Bank of Zambia on 12 December 2011. He had, prior to this appointment, served as the President and the Chief Executive Officer of the Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank. He assumed the position of President of the PTA Bank on 27 March 2001 and served in that position, following his re-appointment in 2006, until his appointment as Governor. Dr Gondwe served in senior positions in the PTA Bank for 15 years before his appointment as President. He worked for the Zambia Industrial and Mining Corporation (ZIMCO) and the Bank of Zambia before joining the PTA Bank. Dr Gondwe holds law degrees from the University of Zambia and the University of Virginia. He also holds an MBA from Moi University and a Diploma in Finance from the Kenya College of Accountancy. He is an alumnus of the Advanced Management Program of the University of Oxford.

Table of Contents

Part I. Growth strategies for Zambia
1. Introduction, Michael Gondwe and Emmanuel Pamu
2. Zambia: A time of big opportunities and tough decisions, Paul Collier
3. Growth, employment and the political economy of private sector development, Adriana Cardozo, Gibson Masumbu, Chiwama Musonda, and Gael Raballand
Part II. Macroeconomic policy choices
4. Fiscal strategies, Samuel Bwalya, Shantayanan Devarajan, Vinayak Nagaraj, and Gael Raballand
5. Mining taxation, Robert Conrad
6. Monetary policy and the exchange rate in Zambia, Christopher Adam, Ivan Zyuulu, and Isaac Muhanga
7. Capital market and resource mobilization, Francis Chipimo
8. Financial system regulation and corporate governance, Tukiya Kankasa-Mabula and Austin Mwape
Part III. The supply side: production, trade and infrastructure
9. Mining in Zambia: Revitalization and the challenges of inclusive prosperity, Christopher Adam, Alexander Lippert, and Anthony Simpasa
10. Agriculture and land, Mulenga Musepa, Francis Ndilila, Sherman Robinson, and Jon Pycroft
11. Energy policy, Alan Whitworth
12. Transport policy, Gael Raballand and Alan Whitworth
13. Trade policy and trade facilitation in Zambia, Massimiliano Cali, Emmanuel Pamu, and James Mwansa
Part IV Public service delivery and the political economy of reforms
14. Back to the future: The foundation and consequences of populism in Zambia, Nic Cheeseman, Robert Ford, and Neo Simutanyi
15. Rationality, cosmopolitanism, and adjustment fatigue: Public attitudes to economic reform in Zambia, Mike Bratton and Peter Lolojih
16. Achieving better health outcomes through innovative strategies and results-focused interventions, Collins Chansa, Mirja Sjoblom, and Monique Vledder
17. Housing and urbanization in Zambia: Unleashing a formal market process, Sylvester Mashamba and Paul Collier