Zambia : Adjusting to poverty

The purpose of this report is to provide an analysis of recent macroeconomic trends in Zambia and the coherence and impact of attempts at economic policy reform. The paper focuses on the period 1980-87 with special attention being paid to the most recent effort to adjust to declining fortunes from October 1985 until May 1987 when Zambia abandoned the stewardship of IBRD and IMF structural adjustment programs and chose to seek an accomodation to economic decline by undertaking to meet its economic development objectives from its own resources