Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania

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dc.contributor.advisorTchana, Fulbert Tchanaen_ZA
dc.contributor.authorMollel, Lekinyi Nen_ZA
dc.date.accessioned2015-11-08T05:01:41Z
dc.date.available2015-11-08T05:01:41Z
dc.date.issued2009en_ZA
dc.descriptionIncludes bibliographical references (leaves 60-65).en_ZA
dc.description.abstractExternal debt burden has been viewed as one of the key impediments to economic growth and a cause of widespread poverty in the Heavily lndebted Poor Countries (HIPCs). To join efforts of the HIPCs in ï¬ ghting poverty, the international donor community granted substantial debt relief through different initiatives including among others; unilateral bilateral agreements, the Paris Club Agreements, debt buyback schemes, the I-IIPC Initiative and its successor, the Multilateral Debt Relief Initiative (MDRI). All these initiatives were expected to increase public spending in social priority sectors and ultimately reduce poverty incidence in the HIPC-s. This study assesses, firstly whether the debt relief has helped to increase Government spending on education and health sectors in Tanzania and, secondly, whether increased ï¬ scal spending on the sectors has translated into improvement in the primary and secondary school enrollments and life expectancy. A system of structural equations is estimated within a Vector Autoregressive (VAR) framework. The ï¬ ndings suggest increases in Government expenditure on education and health through debt relief. Primary and secondary school enrolments improve with increased Government spending on education and health. Institutional quality is found to be signiï¬ cant in determining education spending and educational indicators. However, life expectancy was not found to respond to public Spending, possibly due to the inherent gestation period in health related indicators and quality of data used. Nevertheless, the ï¬ ndings, though based on short-run series, give an insight that in the long-run, the cumulative effects of debt relief can contribute towards successes in the ï¬ ght against poverty and ultimately attainment of the Millennium Development Goals (MDGS).en_ZA
dc.identifier.apacitationMollel, L. N. (2009). <i>Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/14725en_ZA
dc.identifier.chicagocitationMollel, Lekinyi N. <i>"Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2009. http://hdl.handle.net/11427/14725en_ZA
dc.identifier.citationMollel, L. 2009. Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Mollel, Lekinyi N AB - External debt burden has been viewed as one of the key impediments to economic growth and a cause of widespread poverty in the Heavily lndebted Poor Countries (HIPCs). To join efforts of the HIPCs in ï¬ ghting poverty, the international donor community granted substantial debt relief through different initiatives including among others; unilateral bilateral agreements, the Paris Club Agreements, debt buyback schemes, the I-IIPC Initiative and its successor, the Multilateral Debt Relief Initiative (MDRI). All these initiatives were expected to increase public spending in social priority sectors and ultimately reduce poverty incidence in the HIPC-s. This study assesses, firstly whether the debt relief has helped to increase Government spending on education and health sectors in Tanzania and, secondly, whether increased ï¬ scal spending on the sectors has translated into improvement in the primary and secondary school enrollments and life expectancy. A system of structural equations is estimated within a Vector Autoregressive (VAR) framework. The ï¬ ndings suggest increases in Government expenditure on education and health through debt relief. Primary and secondary school enrolments improve with increased Government spending on education and health. Institutional quality is found to be signiï¬ cant in determining education spending and educational indicators. However, life expectancy was not found to respond to public Spending, possibly due to the inherent gestation period in health related indicators and quality of data used. Nevertheless, the ï¬ ndings, though based on short-run series, give an insight that in the long-run, the cumulative effects of debt relief can contribute towards successes in the ï¬ ght against poverty and ultimately attainment of the Millennium Development Goals (MDGS). DA - 2009 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2009 T1 - Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania TI - Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania UR - http://hdl.handle.net/11427/14725 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/14725
dc.identifier.vancouvercitationMollel LN. Impact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzania. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2009 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/14725en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherApplied Economicsen_ZA
dc.titleImpact of debt relief on fiscal allocation to social priority sectors and response of social indicators in the HIPCs : a case study of Tanzaniaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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