Foreign aid and government fiscal behavior in Zambia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Foreign aid and government fiscal behavior in Zambia write by Jones Bowa. This book was released on 2020-09-29. Foreign aid and government fiscal behavior in Zambia available in PDF, EPUB and Kindle. Master's Thesis from the year 2016 in the subject Economics - Case Scenarios, grade: Great Distinction, University of Antwerp (Institute of Development Policy and Management (IOB)), language: English, abstract: The paper investigates the relationship between foreign aid and government fiscal behavior. An overview of the global trend of foreign aid flows over the last few decades is provided, as well as literature and research on fiscal response studies that have aimed to examine how these aid flows influence the fiscal decisions of aid recipient governments. The paper assesses the impact of foreign aid flows on fiscal aggregates, taking into focus the case of Zambia. In particular, the paper goes into detail examining how government investment, consumption, revenue, and domestic borrowing are associated with both aggregated and disaggregated aid. The paper adopts a quantitative approach in its analysis. A Vector Error Correction approach was used to estimate the relationship between foreign aid and fiscal aggregates data for Zambia over the period 1970-2014. The econometric estimation used annual data and analyzed both short-run and long-run effects. The following were the findings: Foreign aid flows were found to be positively associated with government investment, consumption, and domestic borrowing. While government revenue was negatively associated with foreign aid. In the short-run, it was observed that grants were used to reduce the level of the country’s domestic debt stock. Whereas, net foreign loans were seen as a substitute for domestic revenues and were used to finance the budget deficit. The paper concluded by providing a number of recommendations that suggested improvement in government’s revenue mobilization efforts, effective management of the country’s domestic debt, and the deliberate action to direct revenue resources towards investment expenditure. In order to achieve sustained growth and ensure the effective use of aid, donor partners were recognized as important actors in supporting the government’s fiscal policy direction. There has been high momentum in the scaling up of foreign aid in recent years. The turn of the millennium saw calls by the development community to increase foreign aid to developing countries so as to assist them in attaining the Millennium Development Goals. The mechanisms through which foreign aid flows are transmitted to recipient countries require that the aid resources are channeled through the government. Thus, for foreign aid to have any meaningful impact is highly dependent on how governments respond to inflows of aid.
Foreign Aid, Debt, and Growth in Zambia
Foreign Aid, Debt, and Growth in Zambia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Foreign Aid, Debt, and Growth in Zambia write by Per-Åke Andersson. This book was released on 2000. Foreign Aid, Debt, and Growth in Zambia available in PDF, EPUB and Kindle. A study which discusses the structural problems in Zambia and the policies of adjustment that have been tried. It also analyses the impact of various strategies with regard to external resource transfers. The results show that the scope for growth is highly dependent on the tightness of the external resource constraint, and that debt service tends to dominate the policy-making.
The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018)
The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) write by Daniel Tonga. This book was released on 2020-01-23. The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018) available in PDF, EPUB and Kindle. Master's Thesis from the year 2019 in the subject Economics - Case Scenarios, University of Lusaka (University of Lusaka UNILUS), course: Economics and Finance, language: English, abstract: This research study has analyzed the effects of foreign aid in promoting economic growth in Zambia. The study used available data in Zambia from 1986 – 2018. The study adopted the ARDL model for investigating the short and long time relationship between foreign aid and Gross Domestic Product GDP. The hypothesis of foreign aid having an effect on economic growth was explored and examined. This study sought to archive the following objectives: To establish whether there is a connection between foreign aid and economic growth in Zambia and determine whether foreign aid significantly contributed to Zambia’s economic growth in the period under review. For policy implications, this study also analyzed the determinant of economic growth in Zambia over the same period. The results clearly revealed a positive relationship between foreign aid and Zambia’s economic growth in a given period that was under investigation. The findings in this study affirm that foreign aid may be important in promoting economic growth. This study also asserts that foreign aid may be effective in improving the quality and lives of people if used effectively. Thus, the outcome of this study recommends that foreign aid be directed towards the promotion of investment because its proper use can promote and boots the country’s economic growth. For policy implications, this study also found that independent variables such as Foreign Direct Investment FDI, Population Growth, Government Expenditure and Consumer Price Index as important and determinants of economic growth in Zambia over the same period. Thus, this study found that important drivers of economic growth included foreign aid inflow, population growth, investment whilst government expenditure and inflation affected GDP negatively, thus their impact was insignificant and negligible. This study furthers found efficiency and effectiveness of programs by government supported by foreign aid being effective to promote growth, hence, the reason why it is important for traditional donors to support government in many sectors.
Promoting and Sustaining Economic Reform in Zambia
Promoting and Sustaining Economic Reform in Zambia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Promoting and Sustaining Economic Reform in Zambia write by Catharine Hill. This book was released on 2004. Promoting and Sustaining Economic Reform in Zambia available in PDF, EPUB and Kindle. This collection of essays examines Zambia's efforts to promote economic reform during the 1990s. These essays describe the adjustment program, highlighting the attempts to reform the budget, the tax system, the financial system, agriculture and mining, and to create the human capacity to sustain the reforms.
International Aid, Corruption and Fiscal Policy Behavior
International Aid, Corruption and Fiscal Policy Behavior - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Aid, Corruption and Fiscal Policy Behavior write by Simplice Asongu. This book was released on 2014. International Aid, Corruption and Fiscal Policy Behavior available in PDF, EPUB and Kindle. The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on 'the effect of foreign aid on corruption' has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53 African countries for the period 1996-2010. Findings unite the two streams of the debate and broadly suggest that while the 'government's final consumption expenditure' channel is consistent with the latter author, the investment and tax effort channels are in line with the former authors. Justifications for the nexuses are provided. Policy implications on how to use foreign aid constraints in managing fiscal behavior as means of reducing (increasing) corruption (corruption-control) are discussed.
