English, Article, Journal or magazine article edition: The labor market and economic stabilization inZambia Colclough, Christopher

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Bookmark: http://trove.nla.gov.au/version/165304
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The labor market and economic stabilization inZambia
Author
  • Colclough, Christopher
Physical Description
  • preprint
Notes
  • This report examines trends in the Zambian labor market over the period since independence. It focuses particularly on two phenomena - skill shortages and wage rigidities - which have made it more difficult for the economy to recover from the fall in price of its main export commodity : copper, in the mid 1970s. Real wages did fall somewhat over the following decade, but insufficiently so to promote economic diversification and recovery. The rigidities also help to explain the failure of more recent stabilization efforts, including the IMF program of 1985 - 1987.
  • Environmental Economics&​Policies,Health Monitoring&​Evaluation,Public Sector Economics&​Finance,Banks&​Banking Reform,Inequality
  • RePEc:wbk:wbrwps:222
Language
  • English
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