Does public debt spur or hinder economic growth in Zambia?
dc.contributor.advisor | Gossel, Sean | |
dc.contributor.author | Siyanga, Malumo | |
dc.date.accessioned | 2019-03-26T12:47:06Z | |
dc.date.available | 2019-03-26T12:47:06Z | |
dc.date.issued | 2018 | |
dc.description.abstract | 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. | en_US |
dc.identifier.apacitation | Siyanga, M. (2018). <i>Does public debt spur or hinder economic growth in Zambia?</i>. (). University Of Cape Town ,Faculty of Commerce ,Research of GSB. Retrieved from http://hdl.handle.net/11427/29935 | en_ZA |
dc.identifier.chicagocitation | Siyanga, Malumo. <i>"Does public debt spur or hinder economic growth in Zambia?."</i> ., University Of Cape Town ,Faculty of Commerce ,Research of GSB, 2018. http://hdl.handle.net/11427/29935 | en_ZA |
dc.identifier.citation | Siyanga, M. 2018. Does public debt spur or hinder economic growth in Zambia?. University Of Cape Town. | en_ZA |
dc.identifier.ris | TY - Thesis / Dissertation AU - Siyanga, Malumo AB - 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. DA - 2018 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University Of Cape Town PY - 2018 T1 - Does public debt spur or hinder economic growth in Zambia? TI - Does public debt spur or hinder economic growth in Zambia? UR - http://hdl.handle.net/11427/29935 ER - | en_ZA |
dc.identifier.uri | http://hdl.handle.net/11427/29935 | |
dc.identifier.vancouvercitation | Siyanga M. Does public debt spur or hinder economic growth in Zambia?. []. University Of Cape Town ,Faculty of Commerce ,Research of GSB, 2018 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/29935 | en_ZA |
dc.language.iso | en | en_US |
dc.publisher.department | Research of GSB | en_US |
dc.publisher.faculty | Faculty of Commerce | en_US |
dc.publisher.institution | University Of Cape Town | en_US |
dc.title | Does public debt spur or hinder economic growth in Zambia? | en_US |
dc.type | Thesis | |
dc.type.qualificationlevel | MCom |