Examines the causes of decline – economic, social and political – of the Zambian economy since 1974. It takes place in the time of the election of Frederick Chiluba in October 1991. Examines the problems of economic development in Africa, and especially of the structural reform away from closed, statist systems of government. Also examines the problems of foreign debt and reliance on extractive industries to produce foreign exchange.

Examines the causes of decline – economic, social and political – of the Zambian economy since 1974. It takes place in the time of the election of Frederick Chiluba in October 1991. Examines the problems of economic development in Africa, and especially of the structural reform away from closed, statist systems of government. Also examines the problems of foreign debt and dependence on natural resources industries to produce foreign exchange.
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Richard H.K. Vietor,
Edward Prewitt
Source: Harvard Business School
25 pages.
Release Date: 6 April 1992. Prod #: 792089-PDF-ENG
Reconstruction of Zambia HBR case solution

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