The Effect of Foreign Aid in Promoting Economic Growth in Zambia (1986 - 2018): Magisterarbeit - Softcover

Tonga, Daniel

Softcover

ISBN 10: 3346101983 ISBN 13: 9783346101983

Verlag: GRIN Verlag, 2020

Inhaltsangabe

Master's Thesis from the year 2019 in the subject Economics - Case Scenarios, University of Lusaka (University of Lusaka UNILUS), course: Economics and Finance, language: English, abstract: This research study has analyzed the effects of foreign aid in promoting economic growth in Zambia. The study used available data in Zambia from 1986 - 2018. The study adopted the ARDL model for investigating the short and long time relationship between foreign aid and Gross Domestic Product GDP. The hypothesis of foreign aid having an effect on economic growth was explored and examined. This study sought to archive the following objectives: To establish whether there is a connection between foreign aid and economic growth in Zambia and determine whether foreign aid significantly contributed to Zambia's economic growth in the period under review. For policy implications, this study also analyzed the determinant of economic growth in Zambia over the same period. The results clearly revealed a positive relationship between foreign aid and Zambia's economic growth in a given period that was under investigation. The findings in this study affirm that foreign aid may be important in promoting economic growth. This study also asserts that foreign aid may be effective in improving the quality and lives of people if used effectively. Thus, the outcome of this study recommends that foreign aid be directed towards the promotion of investment because its proper use can promote and boots the country's economic growth. For policy implications, this study also found that independent variables such as Foreign Direct Investment FDI, Population Growth, Government Expenditure and Consumer Price Index as important and determinants of economic growth in Zambia over the same period. Thus, this study found that important drivers of economic growth included foreign aid inflow, population growth, investment whilst government expenditure and inflation affected GDP negatively, thus their im

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Über die Autorin bzw. den Autor

Daniel Tonga is an award winning journalist, economist, author and accomplished communications professional with a proven track record in media and communications. He previously served as Editor, Producer and Head of News Department at Prime Television Zambia. Daniel was a contributing researcher to a book, "An Enterprise Map of Zambia" commissioned by International Growth Centre ICG and London School of Economics which profiles leading industry companies in Zambia. He has authored several research papers which have been published by different media and communications journals. As a freelance journalist, Daniel has contributed his work to world's leading media outlets including Voice of America VOA, France24, Kenya Television Network KTN, Talk Radio 702 among others. Daniel holds a Diploma in Journalism, BA Economics, MA in Global Business Journalism and Masters of Sciences MSc Economics and Finance. He is also practicing Public Relations and Communications specialist with a leading public relations private consulting firm in Zambia

Details zur Ausgabe

• Verlag: GRIN Verlag
• Erscheinungsdatum: 2020
• Sprache: Englisch
• ISBN 10: 3346101983
• ISBN 13: 9783346101983
• Einband: Taschenbuch
• Auflage: 1
• Anzahl der Seiten: 92
• Kontakt zum Hersteller: GRIN Publishing GmbH; info@grin.com; ; Waltherstraße 23; München; 80337; Deutschland