Zambia: Selected Issues

January 24, 2008

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Format: Chicago

Zambia: Selected Issues, (USA: International Monetary Fund, 2008) accessed September 18, 2024

Summary

This paper analyzes the efforts taken to create fiscal space for the implementation of the fifth national development plan and the risk associated with it, examines the role of monetary policy in determining inflation, and discusses policy options to achieve low inflation. It also identifies areas where reform strategy needs more attention and suggests that reforms of financial system regulation need to be accelerated to ensure stability of the system. It analyzes traditional reserve adequacy measures, and finds looming power crisis as an obstacle to growth.

Subject: Commodities, Electricity, Expenditure, Financial services, Fiscal policy, Fiscal space, Inflation, Mining sector, Prices

Keywords: Africa, Concentration ratio, CR, Electricity, Fiscal space, Government, Inflation, Inflation development, Inflation model, ISCR, Looming power crisis, Money gap, Nonfood inflation, Reserve-to-short-term debt ratio, Southern Africa, Sub-Saharan Africa, Zambia, ZESCO

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/029
Stock No:

1ZMBEA2008001
ISBN:

9781451841329
ISSN:

1934-7685

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