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Power shortages hit the Zambian economy

Geoff Riley

27th November 2015

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Water shortages are hitting a country highly dependent on hydro-electric power. And a collapsing currency is causing a steep rise in the import price of imported fuels and mobile electricity generators. This BBC article on chronic power shortages in Zambia reports that power cuts typically add 40% to businesses' costs in emerging economies, the World Bank estimates - this remains a severe constraint on growth and economic development outcomes.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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