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The labor market and economic stabilization inZambia

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  • Colclough, Christopher

Abstract

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.

Suggested Citation

  • Colclough, Christopher, 1989. "The labor market and economic stabilization inZambia," Policy Research Working Paper Series 222, The World Bank.
    • Handle: RePEc:wbk:wbrwps:222
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    References listed on IDEAS

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    1. World Bank, 1978. "World Development Report 1978," World Bank Publications - Books, The World Bank Group, number 5961.
    2. World Bank, 1987. "World Development Report 1987," World Bank Publications - Books, The World Bank Group, number 5970.
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