Foreign Aid, Debt, and Growth in Zambia

Foreign Aid, Debt, and Growth in Zambia

Foreign Aid, Debt, and Growth in Zambia

Foreign Aid, Debt, and Growth in Zambia

Synopsis

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.

Excerpt

This work was initiated in 1993, and we have over the years benefited from the help and comments of many individuals. We gratefully acknowledge assistance from officials of the Zambia government and the University of Zambia. We have also received comments and help from Chris Adam, Dick Durevall, Jörgen Levin, Steve Kayizzi-Mugerwa, Rick Wicks and nai referees. We also thank Eva-Lena Neth for assistance at the many stages of this work. This study has been financed by grants from the Swedish Agency for Research Cooperation with Developing Countries (SAREC) and the Social Science Research Council (HSFR). We have also drawn on reports on Zambia published by Sida in its Macroeconomic Studies series. in no way are the people and institutions named above implicated in the shortcomings of the study, which remain ours alone.

Göteborg, May 2000

Per-Åke Andersson Arne Bigsten Håkan Persson . . .

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