Maize Trade Policies in Zambia : Options for Growth

The Government of the Republic of Zambia aims to transform the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports. Zambia ha...

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Main Author: World Bank
Format: Working Paper
Language:English
English
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099845009122237020/P1770680cbdc81030a9e4092dc8bf6311f
http://hdl.handle.net/10986/38018
id okr-10986-38018
recordtype oai_dc
spelling okr-10986-380182022-09-16T05:10:36Z Maize Trade Policies in Zambia : Options for Growth World Bank FOOD INSECURITY EXPORT RESTRICTIONS MALNUTRITION AGRICULTURAL EXPORT TRADE AGRICULTURAL OPEN MARKET The Government of the Republic of Zambia aims to transform the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports. Zambia has a long history of import and export restrictions of agricultural commodities, maize in particular. This analytical work demonstrates that Zambia has lot to gain from committing to open agricultural trade. Partial equilibrium modelling estimates at US$97 million the annual gain of open borders for maize exports over the next decade, compared to a scenario of continued trade restrictions. Producer losses from maize trade restrictions between 2023 and 2030 are projected to amount to about US$1.42 billion. Such losses would cancel out the massive aid provided by the Government through the Farmer Input Support Program. While precise point estimates need to be interpreted with caution given the ongoing turmoil in global food markets, the direction and magnitude of these results cumulatively point to significant losses resulting from trade restrictions. The report details options for a comprehensive reform package to enable trade openness to effectively translate into additional income for farmers, traders, processors, and traders who participate in the sector. 2022-09-14T21:51:46Z 2022-09-14T21:51:46Z 2022-06 Working Paper http://documents.worldbank.org/curated/en/099845009122237020/P1770680cbdc81030a9e4092dc8bf6311f http://hdl.handle.net/10986/38018 English en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Working Papers :: Other papers Zambia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
English
topic FOOD INSECURITY
EXPORT RESTRICTIONS
MALNUTRITION
AGRICULTURAL EXPORT TRADE
AGRICULTURAL OPEN MARKET
spellingShingle FOOD INSECURITY
EXPORT RESTRICTIONS
MALNUTRITION
AGRICULTURAL EXPORT TRADE
AGRICULTURAL OPEN MARKET
World Bank
Maize Trade Policies in Zambia : Options for Growth
geographic_facet Zambia
description The Government of the Republic of Zambia aims to transform the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports. Zambia has a long history of import and export restrictions of agricultural commodities, maize in particular. This analytical work demonstrates that Zambia has lot to gain from committing to open agricultural trade. Partial equilibrium modelling estimates at US$97 million the annual gain of open borders for maize exports over the next decade, compared to a scenario of continued trade restrictions. Producer losses from maize trade restrictions between 2023 and 2030 are projected to amount to about US$1.42 billion. Such losses would cancel out the massive aid provided by the Government through the Farmer Input Support Program. While precise point estimates need to be interpreted with caution given the ongoing turmoil in global food markets, the direction and magnitude of these results cumulatively point to significant losses resulting from trade restrictions. The report details options for a comprehensive reform package to enable trade openness to effectively translate into additional income for farmers, traders, processors, and traders who participate in the sector.
format Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Maize Trade Policies in Zambia : Options for Growth
title_short Maize Trade Policies in Zambia : Options for Growth
title_full Maize Trade Policies in Zambia : Options for Growth
title_fullStr Maize Trade Policies in Zambia : Options for Growth
title_full_unstemmed Maize Trade Policies in Zambia : Options for Growth
title_sort maize trade policies in zambia : options for growth
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099845009122237020/P1770680cbdc81030a9e4092dc8bf6311f
http://hdl.handle.net/10986/38018
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