The Effect Of Foreign Aid In Promoting Economic Growth In Zambia 1986 2018
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The Effect Of Foreign Aid In Promoting Economic Growth In Zambia 1986 2018
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Author : Daniel Tonga
language : en
Publisher:
Release Date : 2019-11-12
The Effect Of Foreign Aid In Promoting Economic Growth In Zambia 1986 2018 written by Daniel Tonga and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-12 with categories.
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 im
Foreign Aid Debt And Growth In Zambia
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Author : Per-Åke Andersson
language : en
Publisher: Nordic Africa Institute
Release Date : 2000
Foreign Aid Debt And Growth In Zambia written by Per-Åke Andersson and has been published by Nordic Africa Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
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 Role Of Foreign Aid In Development
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Author : Eric Jackson Labs
language : en
Publisher:
Release Date : 1997
The Role Of Foreign Aid In Development written by Eric Jackson Labs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Developing countries categories.
Lessons On Foreign Aid And Economic Development
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Author : Nabamita Dutta
language : en
Publisher: Springer Nature
Release Date : 2019-09-06
Lessons On Foreign Aid And Economic Development written by Nabamita Dutta and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-06 with Business & Economics categories.
A response to the pressing need to address and clarify the substantial ambiguity within current literature, this edited volume aims to deepen readers’ understanding of the impact of foreign aid on development outcomes based on the latest findings in research over the past decade. Foreign aid has long been seen as one of two extremes: either beneficial or damaging, a blessing or a curse. Consequently, many readers perceive aid’s effectiveness based on the work of scholars who are assessing the impact of aid from one of two antithetical perspectives. This book takes a different approach, shedding light on recent research that can deepen our understanding of the complex relationship between aid and its aftereffects. Drawing from an extensive set of studies that have explored micro and macro impacts of foreign aid for recipient nations, chapter authors highlight more layered and nuanced findings, with a focus on donor characteristics, political motives, and an evaluation of aid projects and their effectiveness, including the differential impact based on type of aid. This volume is the first of its kind to unpack aid as a complex rather than a unitary concept and explore the wide areas of grey that have long enshrouded foreign aid.
Foreign Aid And Government Fiscal Behavior In Zambia
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Author : Jones Bowa
language : en
Publisher: GRIN Verlag
Release Date : 2020-09-29
Foreign Aid And Government Fiscal Behavior In Zambia written by Jones Bowa and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-29 with Business & Economics categories.
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.
Effects Of Foreign Aid And Debt Relief On Economic Growth In Developing Countries
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Author : Stephen Towain Marvie (Jr)
language : en
Publisher:
Release Date : 2011
Effects Of Foreign Aid And Debt Relief On Economic Growth In Developing Countries written by Stephen Towain Marvie (Jr) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
The Effect Of Foreign Aid On Economic Growth In Developing Countries
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Author : Semere Tesfamariam Kahsay
language : en
Publisher:
Release Date : 2021
The Effect Of Foreign Aid On Economic Growth In Developing Countries written by Semere Tesfamariam Kahsay and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
Assessing Aid
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Author :
language : en
Publisher: World Bank Publications
Release Date : 1998
Assessing Aid written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Political Science categories.
Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
How Do Climate Shocks Affect The Impact Of Fdi Oda And Remittances On Economic Growth
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Author : Alassane Drabo
language : en
Publisher:
Release Date : 2023
How Do Climate Shocks Affect The Impact Of Fdi Oda And Remittances On Economic Growth written by Alassane Drabo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on some country characteristics such as human and physical capital constraint, macroeconomic policy and institutional capacity. This paper extends the literature by arguing that climate shocks may undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances improve economic growth, and the size of the effect increases with good absorptive capacity. However, climate shocks reduce this positive effect of financial flows in developing countries. Using a sample of low and middle-income countries from 1995 to 2018, the empirical investigation confirms the theoretical conclusions. Developing countries should build strong resilience to climate change. Actions are also needed at global level to reduce greenhouse gases emissions, and build strong structural resilience to climate shocks especially in developing countries.
Development
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Author : Ian Goldin
language : en
Publisher: Oxford University Press
Release Date : 2018
Development written by Ian Goldin and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Business & Economics categories.
What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.