A Case Study of Regulation in Zambia’s Cotton Sector
Cotton is an unquestioned success of Zambia’s turn towards a market economy. After privatization in late 1994, seed cotton production rose from 32,000 metric tons (mt) to about 180,000 mt a decade later (three-year averages centered on 1994 and 2005). The number of farmers involved in the sector grew similarly, yields trended upwards (though slowly), and the country dramatically improved the quality of its lint, becoming the outstanding performer in Sub-Saharan Africa in this regard by the mid-2000s. Yet the sector has experienced two serious crashes since reform, both involving rampant credit default by farmers supported with seasonal input credit by ginning companies.
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- David Tschirley & Colin Poulton & Patrick Labaste, 2009. "Organization and Performance of Cotton Sectors in Africa : Learning from Reform Experience," World Bank Publications, The World Bank, number 2604, December.
- Tschirley, David L. & Kabwe, Stephen, 2007. "Increasing Demand For Quality In World Cotton Markets: How Has Zambia Performed?," Food Security Collaborative Policy Briefs 54632, Michigan State University, Department of Agricultural, Food, and Resource Economics.