[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109184-en":3,"doc-seo-109184-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},109184,962075006959,"Anda","https://ap-avatar.wpscdn.com/avatar/e0002397efbe92a78e?_k=1776741047341049297",8,"Research & Report","Zambia Country Economic Memorandum - June 2024 - Unlocking Productivity and Economic Transformation for Better Jobs","Zambia Country Economic Memorandum (June 2024) analyzes how macroeconomic dynamics, trade, and investment shape job creation and inclusive growth. It highlights constraints in Zambia’s current growth model, linking declining productivity to agricultural stagnation and weaker firm and worker performance. The report develops policy recommendations to refocus growth drivers, unlock agricultural productivity, and raise productivity in formal firms and labor markets to improve employment outcomes. It also presents annexes on productivity decomposition and underlying data.","Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized  \nZambia Country Economic Memorandum  \nUnlocking productivity and economic transformation for better jobs  \nJune 2024  \nMacroeconomics, Trade, and Investment Global Practice East and Southern Africa Region The World Bank Group  \nACKNOWLEDGEMENTS  \nThis report was prepared by a team led by Albert Pijuan Sala (Senior Economist), Jorge Tudela Pye (Economist), and Paavo Eliste (Practice Manager) . The team included Philip Schuler (Lead Economist), Joseph Simumba (Economist), Maria Gabriela Farfan (Senior Economist), Lyliana Gayoso (Consultant), Vanina Forget (Senior Agriculture Economist), Auckland N. Kuteya (Consultant), Brian Mulenga (Consultant), Ryan Kuo (Economist), Sophia Muradyan (Senior Private Sector Specialist), Soujanya Choda varapu (Senior Private Sector Specialist), and Namuchana Muyawa (Program Assistant) . Chapter 3 of the CEM draws from a research collaboration with the Zambia Revenue Authority (ZRA) . Fiona Hinchcliffe provided editorial support and Katarina Zeravica designed the report. The report was prepared under the overall guidance of Nathan M. Belete (Country Director, AECE1), Achim Fock (Country Manager, AEMZM), Abha Prasad (Practice Manager, EAEM1), Aghassi Mkrtchyan (Program Leader and Lead Economist, AECE1), and William Battaile (former Program Leader and Lead Country Economist, AECE1) . The team would also like to acknowledge the comments from peer reviewers and colleagues Allen Dennis, Alex Sienaert, Dino Merotto, Ekaterina Vostroknutova, Hanane Ahmed, John Keyser, Nicolo Dalvit, Fausto Patino Pena, Isaku Endo, Ahmed Rostom, Andreas Eberhard, Shaun Mann, and Mohammad Farid Al Azim Bin Noruzi. The team also gratefully acknowledges the collaboration with the Government of the Republic of Zambia and development partners.  \nRegional Vice President: Victoria Kwakwa  \nCountry Director: Nathan M. Belete  \nRegional Director: Hassan Zaman  \nPractice Manager: Abha Prasad  \nTask Team Leaders: Albert Pijuan Sala, Jorge Tudela Pye, and Paavo Eliste  \nTABLE OF CONTENTS  \nACRONYMS 􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮 2  \nEXECUTIVE SUMMARY 􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮 4  \nMain policy recommendations....................................................................................................... 10  \nCHAPTER 1: REFOCUSING ZAMBIA’S GROWTH MODEL 􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮 14  \n1.1 Introduction ............................................................................................................................. 14  \n1.2 From a mining boom to fiscal gloom – Zambia’s shifting drivers of growth ............................17  \n1.3 Nothing new under the sun – limitations of Zambia’s current model for achieving sustained and inclusive growth .............................................................................................. 21  \n1.4 Transforming how Zambia grows............................................................................................. 27  \nAnnex 1. Growth Accounting-Growth, labor productivity, and total factor productivity decomposition ................................................................................................................ 35  \nCHAPTER 2: UNLEASHING AGRICULTURAL PRODUCTIVITY 􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮􀀮 36  \n2.1 Zambian agriculture: High unrealized potential and declining productivity............................37  \n2.2 Agronomic causes of declining agricultural productivity.........................................................42  \n2.3 The role of public policies and institutions in agricultural stagnation .....................................47  \n2.4 Policy recommendations ..................................................................................","cbCaiaNEwthaBP3X","https://ap.wps.com/l/cbCaiaNEwthaBP3X","pdf",13181967,5,1,116,"English","en",105,"# Executive summary\n## Main policy recommendations\n# Chapter 1: Refocusing Zambia’s growth model\n## Introduction\n## From a mining boom to fiscal gloom – Zambia’s shifting drivers of growth\n## Transforming how Zambia grows\n# Chapter 2: Unleashing agricultural productivity\n## Zambian agriculture: High unrealized potential and declining productivity\n## Policy recommendations\n# Chapter 3: Raising the productivity of firms and workers\n## Harnessing Zambia’s private sector for better jobs\n## Policy recommendations","[{\"question\":\"What is the central focus of the Zambia Country Economic Memorandum (June 2024)?\",\"answer\":\"The memorandum focuses on unlocking productivity and economic transformation to support better jobs and more inclusive growth.\"},{\"question\":\"How does the report explain Zambia’s growth challenges?\",\"answer\":\"It identifies limitations in Zambia’s current growth model, including shifts from a mining-driven boom and weaker mechanisms for sustaining inclusive growth.\"},{\"question\":\"What policy areas does the report recommend to improve outcomes?\",\"answer\":\"It recommends refocusing Zambia’s growth model, unleashing agricultural productivity through public policy and institutions, and raising productivity of firms and workers via targeted measures for private-sector jobs.\"}]","Zambia Country Economic Memorandum - 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