Facing runaway inflation and budget discipline problems in the early 1990s, the Zambian government introduced the so-called cash budget in which government domestic spending is limited to domestic revenue, leaving no room for excess spending. The authors review Zambia's experience during the past decade, focusing on the impact of the cash budget on poverty reduction. They conclude that after some initial success in reducing hyperinflation, the cash...
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INFORMATION
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2002/10/31
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Document de travail de recherche sur les politiques
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WPS2914
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1
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1
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2010/07/01
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The impact of cash budgets on poverty reduction in Zambia : a case study of the conflict between well-intentioned macroeconomic policy and service delivery to the poor
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cash budget