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Articles 1 - 5 of 5
Full-Text Articles in Social and Behavioral Sciences
Japan’S Ticad: Alternative Global Framework For Africa’S Development?, Bertha Z. Osei-Hwedie, Kwaku Osei-Hwedie
Japan’S Ticad: Alternative Global Framework For Africa’S Development?, Bertha Z. Osei-Hwedie, Kwaku Osei-Hwedie
Zambia Social Science Journal
Since 1993, Japan has sought to aid Africa’s development through the Tokyo International Conference on African Development (TICAD). TICAD is a multilateral, donor-recipient framework within which Japan interacts with Africa on a range of development issues. It represents the Post Washington Consensus approach as an alternative donor strategy and development model, with the hope of replicating the East Asian development miracle in Africa. TICAD makes Japan an important source of development assistance to Africa and for facilitation of South-South cooperation. This article discusses TICAD’s principles, objectives and programmes. It focuses on TICAD’s achievements in terms of its impact on African …
Growth And Regional Integration: The Case Of The Southern African Development Community, Chris Mupimpila, Patricia Funjika
Growth And Regional Integration: The Case Of The Southern African Development Community, Chris Mupimpila, Patricia Funjika
Zambia Social Science Journal
The neoclassical growth model is augmented with structural variables to analyse the determinants of economic growth in the Southern African Development Community. The results show that physical capital, exports, infrastructure, and human capital have a positive and significant effect on economic growth. However, inflation and external debt service have a negative but significant impact on economic growth in the region. In addition, the results suggest that the underdevelopment of the financial sector is a source of heterogeneity among member countries. Therefore, to promote growth and deeper integration in the region, it is necessary to address the underlying causes of inflation, …
Are Savings Working For Zambia’S Growth?, Chrispin Mphuka
Are Savings Working For Zambia’S Growth?, Chrispin Mphuka
Zambia Social Science Journal
This article analyses the effect of savings on economic growth in Zambia. Using vector auto regression, the article finds that economic growth ‘Granger’ causes domestic savings. This goes contrary to the neoclassical theory on the relationship between economic growth and savings. However, the article argues that a case of increasing domestic savings mobilization holds on the premise that doing so may influence growth indirectly by attracting partnerships with international capital thereby helping to inject new technology in the economy which is undoubtedly vital for growth. The argument is strengthened further by observing that East Asian countries have grown faster than …
Achieving Middle-Income Status By 2030: Is This The Most Appropriate Objective For Zambia?, Venkatesh Seshamani
Achieving Middle-Income Status By 2030: Is This The Most Appropriate Objective For Zambia?, Venkatesh Seshamani
Zambia Social Science Journal
On the backdrop of three important quotes and based on a wealth of underlying research, this article presents a systematic review of growth and development measurement in general and specifically in relation to Zambia’s prospects of achieving middle income status by 2030. It highlights what it takes to achieve middle income status and what the limitations of such ambitions are. In commenting about Zambia’s prospects, the article presents detailed cross-country comparisons with selected African economies. Attention is paid to aspects of economic (income) growth, human development and true human progress, using a range of international indicators in the analysis. Ultimately …
Increasing Returns To Marketing In Zambian Maize Markets, Gelson Tembo, Thomas S. Jayne
Increasing Returns To Marketing In Zambian Maize Markets, Gelson Tembo, Thomas S. Jayne
Zambia Social Science Journal
The article investigates the existence of market externalities due to increasing returns to marketing. Panel data on 198 pairs of maize markets in Zambia and correlated random effects linear and tobit estimators were used to model the relationship between market externalities and producer-to-wholesale marketing margins. This article is one of the first to explicitly account for unobserved local market heterogeneity in a developing country context. The results suggest that Zambian smallholder maize markets are substantially specialized with significant margin-reducing own externality effects and insignificant cross-externality effects. The results also indicate that the unobserved market effects exert a systematic influence on …