Simulating the effects of debt relief in Zambia

Arbeitspapier

The HIPC initiative for debt relief in the poorest countries has been extended to cover more countries. Zambia is one the countries accepted under the enhanced initiative for a debt relief of US$ 3.8 billion. In this paper, the possible effects of this debt relief are analysed using a social accounting matrix as a tool of analysis. Two alternative approaches were chosen: income transfers, and direct production support in the amount of the annual decrease in the debt service. Experiments show how debt service relief can contribute to national growth targets. They also show the different effects on household income, resulting from the alternative expenditure patterns. Income transfer scenario creates greater increase in the household income, at the expense of production value.

Object Details

• ISBN: 9291900591
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Discussion Paper ; No. 2001/118

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Analyses of Economic Development ; International Lending and Debt Problems ; Economywide Country Studies: Africa
• Subject: HIPC initiative ; debt ; poverty ; Zambia ; Schuldenerlass ; Social Accounting Matrix ; Sambia ; HIPC

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Nokkala, Marko
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/53042
• Last update: 10.03.2025, 11:44 AM CET