Policy Signals and Market Responses

Stuart John Barton is a Chartered Financial Analyst, Doctoral Candidate, and member of the Centre for Financial History at the University of Cambridge, UK. Barton previously worked as a derivatives trader for Barclays Capital and HSBC in London, New York and Hong Kong, and now manages a Commodity Trading Advisor in New York.

"The strength of this book is that it aims to shift the focus from Zambia's economic troubles away from forces outside its control ... . this is a well-researched and valuable book. With a dense bibliography and a clearly organized format, this book is heavily recommended for scholars of African economic development and others interested in the mechanisms behind economic growth." (Craig J. Richardson, EH.Net, March, 2016)

• 1. Introduction and Background2. What the Literature Already Tells Us3. Control – Responsibility and Risk (1964-1970)4. Exclusion – Centralization and Contradiction (1970-1974)5. Crisis – Decline and Denial (1975-1981)6. Conditionality – Inertia and Adjustment (1981-1991)7. Reform – Building Trust and Raising Capital (1991-2005)8. Inclusion – Stability and Growth (2005-2014)9. Zambia's 50 Year Relationship with Foreign Capital