Lofgren, Hans; Robinson, Sherman; Thurlow, James - International Association of Agricultural Economists - IAAE - 2003
Zambia's strong dependence on copper exports has suppressed other tradables sectors, indicative of a Dutch disease … phenomenon. The current copper crisis will have strong economic effects, possibly reversing such Dutch disease effects. We use a … two scenarios that reflect the current crisis, a 20 percent reduction in world copper prices and a complete collapse of …