In the News
Power shortages hit the Zambian economy
27th November 2015
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.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty 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 conferences in the UK and overseas.
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