World Bank and Zambia renew partnership

Good news for development in copper-rich Zambia - one of my favourite sub-Saharan nations. The World Bank and Zambia have renewed the Country Partnership Framework (CPF) focusing on specific developmental objectives.

It's interesting to note the emphasis placed on institution-building, and the notion that the transition to better functioning markets needs to be supported by attempts to lessen the burden on the most vulnerable, notably the rural poor. It also indicates why the Washington Consensus of the later 20th century was so unpopular.