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Foreign Aid, Debt and Growth in Zambia
Arne Bigsten
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Description for Foreign Aid, Debt and Growth in Zambia
paperback. A study which discusses the structural problems in Zambia and the policies of adjustment that have been tried. It also analyses the impact of various strategies with regard to external resource transfers. Series: Research Report S. Num Pages: 133 pages, Illustrations. BIC Classification: 1HFMZ; KCP. Category: (G) General (US: Trade). Dimension: 210 x 145 x 11. Weight in Grams: 227.
Zambia is highly dependent on copper exports, which makes the country very vulnerable to fluctuations in its price. From independence in 1964 until the mid-1970s Zambia had reasonable growth, largely resulting from on good revenues from copper exports, but it remained a highly dualistic economy. In the 1970s the country was hit by oil-crises and by a copper-bust, which dramatically changed the fortunes of the country. Since the government assumed that the fall in copper prices was a temporary setback, they chose to avoid serious adjustment measures, and instead borrowed money on the international financial markets. It is from this ... Read more
Zambia is highly dependent on copper exports, which makes the country very vulnerable to fluctuations in its price. From independence in 1964 until the mid-1970s Zambia had reasonable growth, largely resulting from on good revenues from copper exports, but it remained a highly dualistic economy. In the 1970s the country was hit by oil-crises and by a copper-bust, which dramatically changed the fortunes of the country. Since the government assumed that the fall in copper prices was a temporary setback, they chose to avoid serious adjustment measures, and instead borrowed money on the international financial markets. It is from this ... Read more
Product Details
Format
Paperback
Publication date
2000
Publisher
The Nordic Africa Institute
Condition
New
Series
Research Report S.
Number of Pages
133
Place of Publication
Uppsala, Sweden
ISBN
9789171064622
SKU
V9789171064622
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-2
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