Policy Signals and Market Responses

A 50-Year History of Zambia’s Relationship with Foreign Capital

  • Stuart John Barton

Part of the Palgrave Studies in the History of Finance book series (PSHF)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Stuart John Barton
    Pages 1-18
  3. Stuart John Barton
    Pages 19-38
  4. Stuart John Barton
    Pages 39-65
  5. Stuart John Barton
    Pages 91-116
  6. Stuart John Barton
    Pages 117-135
  7. Stuart John Barton
    Pages 157-176
  8. Stuart John Barton
    Pages 177-192
  9. Back Matter
    Pages 193-285

About this book


The study presents archival evidence to show how President Kaunda raised political and economic exclusivity in Zambia in the early years of Zambia's independence, and how this retarded capital investment. Despite formal reforms and a new government, this institutional mechanism still dominates and constrains Zambia's political economy today.


Zambia Kaunda New Institutional Economics Development Economics Exclusive Institutions development development economics growth Investment political economy reforms

Authors and affiliations

  • Stuart John Barton
    • 1
  1. 1.Corpus Christi CollegeUniversity of CambridgeUK

Bibliographic information