The cost of power outages to Zambia’s manufacturing sector

Policy Brief 41408 International Growth Centre | June 2019 Imaduddin Ahmed, Michelle Baddeley, D’Maris Coffman, Jim Meikle and Graham Sianjase In Brief: The researchers surveyed 146 large manufacturing firms in Zambia’s industrial hubs in 2018 to assess the impacts of power outages on Zambia’s manufacturing sector, and firms’ coping mechanisms. Following the outages of 2015 and 2016, manufacturing’s share of energy delivered by Zambian energy utility ZESCO dropped and had not recovered by 2017. The researchers find that: o Backup generation was associated with a reduction in production delays which was associated with reduced loss in clients; o Export-oriented firms … Continue reading The cost of power outages to Zambia’s manufacturing sector

Envisioning government intervention in a private health market

Economic relevance of the healthcare sector Healthcare merits a large proportion of government attention because it impacts everyone living in the UK, and in a substantial way. Everyone requires healthcare services at the beginning of their lives, towards the end of their lives, and when they fall sick. A good healthcare system contributes to a healthier population, which in of itself is an economic goal because economics concerns itself with welfare. People, it can safely be assumed, gain utility by being healthier. Ensuring that the population is healthy is also a means to ensuring another economic goal: better workforce productivity … Continue reading Envisioning government intervention in a private health market