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This study investigated the empirical evidence on the effect of exchange volatility on private capital inflows in Zambia. The investigation used monthly time series data for the period 1992-2012 relating to exchange rate, gross domestic product, foreign direct investment and foreign portfolio...

The study on the relationship between economic growth and inflation has attracted attention world over by researchers and policy makers. A high and sustained economic growth with low and stable inflation is the central objective of most policy makers. However, previous studies on the relationship...

Wagner (1883), predicted that economic growth would be accompanied by an increase in state activity (growth of government Spending). Thus, the causality according to Wagner‟s law is running from economic growth to government spending. This study focuses on how relevant the theory postulated by...

This study has analysed the impact of increasing public debt on Zambia‟s economic growth covering the period 1980 to 2008. For policy implication, the study also analysed the channels through which public debt is said to have an impact on economic growth namely through private investments, public...

This study investigated the impact of public investment on private investment and real output in Zambia, utilising time series data for the period 1980-2008. A Cointergrated Vector Autoregressive Model (VAR) was employed. Based on the existence of a long run Cointergrating relationship, the short...

Despite the introduction of taxation into Zambia‟s largest employer- the informal economy- the contributions of these taxes to domestic revenues have been insignificant since their inception in 2004. This poor performance has led civil society organisations and even Government to call for more...

While Zambia remains steep in poverty, it is also simultaneously witnessing a large outflow of domestic capital which if, retained and returned would assist in boosting financial resources utilization and improve in social-economical developmental programmes. Capital flight from Zambia was $16...

This study has investigated the sustainability of Zambia’s domestic debt (mainly composed of Government securities). Most of Zambia’s external debt has been forgiven and donors have put in place measures to avoid a repeat of an accumulation of an unsustainable external debt stock. Zambia’s...

Trade balance is one of the main factors affecting the balance of payments position. This study examined the relationship between exchange rate and trade balance in Zambia, both in the short run and long run using quarterly data from 1998:1 to 2009:4. The study investigated how trade balance...