1. African Economic Development
ZAMBIA
African Economic Development
Natalia Moreno Reyes

2. Kenneth Kaunda, proclaimed one-party rule.
The country gained independence from Britain the 24th of October 1964 based on the
there is a wind of change blowing through Africa speech and the first president,
Kenneth Kaunda, proclaimed one-party rule.
Although, during the next decades, the people’s disappointed with the Government management, the declining economy and other several strikes that hit the country led the president Kaunda to implement a reform in 1990, which promoted other political parties.
Zambia hasn’t had internal conflicts/civil war after gaining independence

3. 1.2 million people living with HIV
40.2 % of the population is urban 
The median age in Zambia is 17 years
The population density in Zambia is 23 per Km2
By 2015:
1.2 million people living with HIV
12.9% adult HIV prevalence
new HIV infections
AIDS-related deaths

4. WITH very large reserves of copper and cobalt, Zambia
was one of the most prosperous countries in
Sub-Saharan Africa until its economy foundered
with the slump in 1970’s.
In 1992, the Government launched
an economic reform programme with substantial
divestment of state enterprises
The reform programme encouraged a more diversified economy and development of exports such as flowers, fruit and vegetables, gemstones, cotton lint and sugar. It was continued, with the support of the IMF, into the 2000s, when the emphasis was on poverty reduction.

5. Tight fiscal policy brought inflation down from the very high levels of the mid-1990s
Privatization of the copper mines by 2000 resulted in new investment and better management.
Source:
-countries/zambia/economy

8. The most important industries in Zambia
(mining), which promote economic growth,
are capital intensive industries.
So the unemployment rate relies on the labor
demand of these sectors, the labor force is not
skilled
Source: UNDP. (2016). Zambia Human Development Report 2016 Industrialisation and Human Development
Poverty Reduction Through Wealth and Employment Creation. Lusaka, Zambia: United Nations Development
Programme (UNDP

16. HDI
Source: Human Development Reports

17. RECOMENDATIONS
The promotion of industries, apart from mining, is needed in order to improve, not only the economic performance of the economy, but the job creation and the improvement of multidimensional development
Poverty reduction is a great challenge in Zambia, that must be the priority, and should be sought out through programs which approach seeks to create positive long run impacts
The allocation of resources and income within the economy needs to improve its efficiency and the inequality have to decrease
Regarding institutions, the structure should be more developed in order to improve in terms of corruption and inequality
The government should implement policies that counterattack the negative externalities driven by the environmental damage caused by the mining industry
The incentives for foreign investments should guarantee certain welfare level for population

18. Thank you!