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This study considers the impact of financial liberalisation policy on savings and investment in Zambia for the period 1964 to 1996. It examines the relationship between positive real domestic interest rates and savings and investment. Real domestic interest rates are a proxy for financial...

Financial intermediation is essential for economic development. The consensus is that Zambia needs a stable and efficient banking system in order to finance both private and public investment and expenditures. The effectiveness of the banking system in channelling funds from surplus to deficit...

Economic theory states that in situations of few well established enterprises, competition and consumer welfare is usually affected. The reduction in competition among other things results into consumers facing poorer service, and higher prices of goods and services. A number of studies in the...

The question of foreign investment has many dimensions and is accompanied by varied opinions especially in the context of the developing countries. In the newly independent countries of Africa, Asia and South America the admission of foreign investors to the economies of the nation states has met...