This study examines the impact of income taxation (corporate income tax, extractive royalty tax, and pay-as-you-earn) on economic growth in Zambia over the period 1995 to 2015. The study applied a vector error correction model (VECM). The study found that corporate income and pay-as-you earn...
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...
Download PDF ↓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...
Download PDF ↓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...
Download PDF ↓The objective of this study was to contribute to the knowledge about the effects of external debt on economic growth in Zambia during the period 1975 to 2000. The results were expected to help substantiate the case for significant debt reduction and even outright cancellation for developing...
Download PDF ↓Zambia has for a long time experienced declining economic growth despite having inherited very generous reserves at independence in 1964. To reverse this trend she has tried, though inconsistently and often piecemeal to implement liberalization policies aimed at attracting Foreign Direct...
Download PDF ↓While the recent years have seen Zambia become increasingly dependent on foreign savings for its economic and developmental programmes, access to these savings is becoming more difficult. This implies that the country will have to depend more on the mobilisation of domestic savings, if it is to...
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