Commodity Market Analytics

The Government of the Republic of Zambia has committed to transforming 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.

This collaboration between researchers from the World Bank, BFAP and IAPRI demonstrates and quantifies Zambia’s potential gains from a full commitment to open trade over the coming decade in the event that yield volatility is similar to that experienced over the past decade. The current uncertainty facing global food markets could further increase the cost of such domestic policy distortions, whereas commitment to free trade has immense potential to accelerate growth in the sector.

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