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Southern Africa remains one of the most unequal regions in Africa. This is despite maintaining real positive growth rates and an impressive trade liberalisation believed to have desirable impact on the standard of living and the redistribution of income within and among trading nations....

Credit markets play an important role in facilitating economic growth and development of countries. Zambia’s Seventh National Development Plan (7NDP) for 2017-2021 identified the agriculture and manufacturing sectors as essential to facilitate the attainment of Zambia’s development agenda by...

The growth of economies has historically been coupled with structural change. However, despite countries seemingly undergoing diverse structural changes, there is a disparity in how this translates to economic growth. Zambia is one among many African countries which has not experienced sustained...

Post-industrial prosperity requires industrialization, otherwise the economy becomes unsustainable. This is evident in the budget and current account deficits of developing countries that attempt to import high end consumption commodities without industrial bases to finance them. As such, Zambia...

Despite sustained economic growth in the Zambian economy as shown by real Gross Domestic Product (GDP) growth of more than 5 per cent in recent years, the majority of Zambians continue to live in poverty. This paper assesses the link between public expenditure and human development in Zambia by...