Agriculture, along with livestock farming and fishing, is one of the fundamental components of West African economies. Together they constitute over 35% of the Gross National Product and contribute over 15% of export revenues. They provide income to more than 60% of the working population, over half of whom are women working in production, processing or trade.
Topic:
Agriculture, Development, Foreign Aid, and Foreign Direct Investment
At the time of independence in 1964 Zambia was a middle-income country and appeared set to develop into a prosperous nation. However, the combination of a tumultuous world economy and fiscal mismanagement led to rapid economic decline, which continued unabated into the 1980s and 1990s. Average economic growth from 1990-1999 was the lowest in the region and unemployment and inflation soared, resulting in per capita incomes 50 per cent less in 1999 than they had been 25 years earlier.