Title: Kwacha appreciation 2005-2006 : implications for the Zambian economy /
Authors: Weeks, John.; United Nations Development Programme (Zambia)
Publisher: United Nations Development Programme,
Year: 2007
Subjects: Foreign exchange Zambia.; Money Zambia.
Contents: Hapter 2: Arguments for and against appreiation in Zambia -- 2.1 Public Debate on Appreciation -- 2.2 Intervention is inefficient -- 2.3 Intervention is not Effective -- 2.1 The Pressures for Kwacha Appreciation Have Ended -- 2.5 Appreciation has Positive Consequences -- 2.6 Government Policy should be Symmetrical -- 2.7 Export Diversification and Efficient Import Substitution -- 2.8 Exchange Rate instability -- 2.9 Summarising the Arguments -- The So-called Dutch Disease -- 3.1 Appreciation Pressures and Impact -- 3.2 Dutch Disease Effects in Zambia -- 3.3 Likely Effects on the Manufacturing Sector -- 3.4 Is the Kwacha 'Out of Line with Fundamentals'? -- Causes of the Appreciation -- 4.1 Exchange Rate Moments -- 4.2 Modelling the Nominal Exchange Rate -- Fisca Effects of Appreciation (Fiscal Space) -- Domestic Price Effects -- Kwacha Appredation and Tradable Commodities -- 7.1 Overall Competitiveness in Trade -- 7.2 Evidence by Sectors and Commodities -- 7.3 Other Evidence by Sector -- 7.4 Evidence from Stakeholders -- 7.5 Probable Impact across Sectors -- Policy Action -- 8.1 Why Action is Necessary -- 8.2 Improving Policy Implementation -- 8.3 Macroeconomic and Financial Environment -- 8.4 Liquidity and Exchange Rate Management.