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Does public debt spur or hinder economic growth in Zambia?
This study investigates the relationship between public debts and economic growth in Zambia using ARDL analysis covering the period from 1970 to 2015. The results confirm the existence of the long run relationship between public debt and economic growth but the relationship is found to be negative...
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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Research of GSB
2019
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| _version_ | 1867613232499261440 |
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| access_status_str | Open Access |
| author | Siyanga, Malumo |
| author2 | Gossel, Sean |
| author_browse | Gossel, Sean Siyanga, Malumo |
| author_facet | Gossel, Sean Siyanga, Malumo |
| author_sort | Siyanga, Malumo |
| collection | Thesis |
| description | This study investigates the relationship between public debts and economic growth in Zambia
using ARDL analysis covering the period from 1970 to 2015. The results confirm the existence of the long run relationship between public debt and economic growth but the relationship is found to be negative and insignificant both in the short and long run. In addition, the results indicate that both the debt overhang and crowding out effects occur in Zambia. The study recommends that the government should develop a debt management policy, improve macroeconomic management, borrow prudently, improve project appraisal and selection, investing in productivity-enhancing projects, encourage diversification and promote export-growth. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/29935 |
| institution | University of Cape Town (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:32:52.713Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| publisher | Research of GSB |
| publisherStr | Research of GSB |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/29935 Does public debt spur or hinder economic growth in Zambia? Siyanga, Malumo Gossel, Sean This study investigates the relationship between public debts and economic growth in Zambia using ARDL analysis covering the period from 1970 to 2015. The results confirm the existence of the long run relationship between public debt and economic growth but the relationship is found to be negative and insignificant both in the short and long run. In addition, the results indicate that both the debt overhang and crowding out effects occur in Zambia. The study recommends that the government should develop a debt management policy, improve macroeconomic management, borrow prudently, improve project appraisal and selection, investing in productivity-enhancing projects, encourage diversification and promote export-growth. 2019-03-26T12:47:06Z 2019-03-26T12:47:06Z 2018 Thesis MCom http://hdl.handle.net/11427/29935 en application/pdf Research of GSB Faculty of Commerce University Of Cape Town |
| spellingShingle | Siyanga, Malumo Does public debt spur or hinder economic growth in Zambia? |
| title | Does public debt spur or hinder economic growth in Zambia? |
| title_full | Does public debt spur or hinder economic growth in Zambia? |
| title_fullStr | Does public debt spur or hinder economic growth in Zambia? |
| title_full_unstemmed | Does public debt spur or hinder economic growth in Zambia? |
| title_short | Does public debt spur or hinder economic growth in Zambia? |
| title_sort | does public debt spur or hinder economic growth in zambia |
| url | http://hdl.handle.net/11427/29935 |
| work_keys_str_mv | AT siyangamalumo doespublicdebtspurorhindereconomicgrowthinzambia |