(OECD, ZIC) Policy Reform For Investment - The case of Zambia
Policy Reform for Investment:The case of Zambia
By Chola Abel MWITWA
Director-Aftercare & Business Development Services
ZAMBIA INVESTMENT CENTRE
I came across this file, while searching for the Triangle Of Hope concept, which apparently was already in existence in 1992. President Mwanawasa mentioned this as one way he would pay attention to the domestic economy instead of foreign investment.
The problem I have is that the government doesn't seem to take initiative in the involvement of the ordinary citizen in the economy. Waiting for taxation of their wages from their employment in foreign firms seems to have been the only way the state wanted to benefit from the mines, at least until recently.
If they're not careful, Zimbabwe will overtake Zambia when their land reform program takes off. It will be the final laying to rest of the case for neoliberalism.
A few comments on this file:
- Non-discrimination as a general principal underpinning laws and
regulations governing investment
Isn't the government in direct violation of this rule every time they advantage foreign investors and businesses over Zambian investors and businesses?
Read more...
posted by MrK @ 6:44 PM
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