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Money supply is one of the key variable any monetary policy framework aims at influencing. Central banks all over the world have several instruments at their disposal to control the supply of money in their economies and one such instrument is the monetary policy rate. This study provides an...

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...

Mobile money is widely renowned for its positive contribution to financial inclusion and improvements in welfare of users. Yet, little is known about how mobile money contributes to financial inclusion and improved livelihoods of mobile money agents as individual users and key players in...

Zambia has over the years relied on both internal and external sources of financing to meet budget deficits. As a result the country has amassed huge amounts of domestic and external public debt. Zambia has outstanding Eurobonds that will be coming due in 2024 and it recently defaulted its debt...

Debt overhang theory suggests that debt has a Laffer curve type of relationship with economic growth. This implies that there is a threshold value of debt, beyond which, debt accumulation will negatively affect economic growth. This paper sought to contribute to existing literature by...

Zambia’s economic history has, to some extent, been greatly influenced by the early 1970s energy oil crisis precipitated by the steep adjustment of the international oil prices following the Arab-Israeli war of 1972. Globally, energy is arguably one of the major determinants of economic growth....

There are many factors that influence females to enter the labour market. Women in most of the developing countries are underrepresented in the labour force. In this regard, the equity and efficiency related Sustainable Development Goals, in particular; ensuring inclusive and equitable quality...

Neonatal mortality is a global challenge; identification of individual and community determinants associated with it, are important for targeted interventions. Although many studies have emphasized the importance of accessible maternal healthcare as a means of reducing maternal and child...

This study empirically investigates the effects of real exchange rate volatility on tobacco export growth in Zambia. The study employs annual time series data for the period 1992 to 2014 and uses the Exponential Generalised Autoregressive Conditional Heteroskedasticity (EGARCH) to measure...