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TitleIN THE EYE OF A STORM: The impact of the economic slowdown on the labour market in Zambia
AuthorZIPAR
SubjectLabour Market
Date of Publication2016
PublisherZambia Institute for Policy Analysis and Research (ZIPAR)
Number of Pages20 pages
LanguageEnglish
Geographical CoverageZambia
KeywordsEconomic Development, Employment, Jobs
AbstractThe Zambia Institute for Policy Analysis and Research (ZIPAR) launched a flagship project on employment – More and Better Jobs – in June 2015. At that point, with the Zambian economy having experienced impressive growth rates over a long period of time, the central question was how to ensure job rich growth.1 Soon after the project’s launch however, the Zambian economy took a turn for the worse. The economic context has deteriorated substantially. The Ministry of Finance has revised down their projected growth rates for 2015 to 3.6% for the first time since 1998.2 This slowdown has been driven by some well-documented factors, some from outside Zambia (for example, falling copper prices, falling Chinese demand, and a weakening Kwacha) and also some ‘internal’ factors (load shedding being the most important).
Copyright HolderZambia Institute for Policy Analysis and Research (ZIPAR)
Copyright URLhttp://www.zipar.org.zm
Filesize1315152 MB
File FormatPDF
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