Government expenditure and economic growth in Zimbabwe: Analysis of government expenditure in driving economic growth in Zimbabwe between 1980 and 1998

 
9783846539064: Government expenditure and economic growth in Zimbabwe: Analysis of government expenditure in driving economic growth in Zimbabwe between 1980 and 1998
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Since 1980, the Zimbabwean economy has not performed well, characterised by averagely declining levels of growth and often recording negative economic growth in some years. Various explanations have been provided by different scholars including statism (Midgely, 1987; Gilman, 2006), excessive government spending (Fan and Rao, 2003), poor economic governance and a series of ‘wrong’ policy choices (Gilpin, 2008). The study focused on determining the resource allocation to the three sectors of the economy (safety and security, social and economic), as well as analysing the nature of the spending between operational and capital investment. The study found that declining capital investment, huge defence budget and transfer payments, were among factors that reduced the influence of government expenditure in driving economic growth in Zimbabwe. Key recommendations included budgetary reforms aimed at reducing large defence spending and size of the public sector, and direct limited fiscal resources towards the economic sector through capital investment, human capital development and knowledge processes as the imperatives for sustainable long-term growth.

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Jabusile Madyazvimbishi Shumba holds a Master of Management in the Field of Public Policy (University of the Witwatersrand, P&DM) and a BCom Economics(University of South Africa (UNISA)). Jabusile works as a Public Policy Program Manager at IDAZIM. He has experience spanning program management, policy analysis, research and advocacy.

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Book Description Condition: New. Publisher/Verlag: LAP Lambert Academic Publishing | Analysis of government expenditure in driving economic growth in Zimbabwe between 1980 and 1998 | Since 1980, the Zimbabwean economy has not performed well, characterised by averagely declining levels of growth and often recording negative economic growth in some years. Various explanations have been provided by different scholars including statism (Midgely, 1987; Gilman, 2006), excessive government spending (Fan and Rao, 2003), poor economic governance and a series of wrong policy choices (Gilpin, 2008). The study focused on determining the resource allocation to the three sectors of the economy (safety and security, social and economic), as well as analysing the nature of the spending between operational and capital investment. The study found that declining capital investment, huge defence budget and transfer payments, were among factors that reduced the influence of government expenditure in driving economic growth in Zimbabwe. Key recommendations included budgetary reforms aimed at reducing large defence spending and size of the public sector, and direct limited fiscal resources towards the economic sector through capital investment, human capital development and knowledge processes as the imperatives for sustainable long-term growth. | Format: Paperback | Language/Sprache: english | 92 pp. Seller Inventory # K9783846539064

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Book Description LAP Lambert Acad. Publ. Okt 2011, 2011. Taschenbuch. Condition: Neu. Neuware - Since 1980, the Zimbabwean economy has not performed well, characterised by averagely declining levels of growth and often recording negative economic growth in some years. Various explanations have been provided by different scholars including statism (Midgely, 1987; Gilman, 2006), excessive government spending (Fan and Rao, 2003), poor economic governance and a series of wrong policy choices (Gilpin, 2008). The study focused on determining the resource allocation to the three sectors of the economy (safety and security, social and economic), as well as analysing the nature of the spending between operational and capital investment. The study found that declining capital investment, huge defence budget and transfer payments, were among factors that reduced the influence of government expenditure in driving economic growth in Zimbabwe. Key recommendations included budgetary reforms aimed at reducing large defence spending and size of the public sector, and direct limited fiscal resources towards the economic sector through capital investment, human capital development and knowledge processes as the imperatives for sustainable long-term growth. 92 pp. Englisch. Seller Inventory # 9783846539064

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Book Description LAP Lambert Acad. Publ. Okt 2011, 2011. Taschenbuch. Condition: Neu. Neuware - Since 1980, the Zimbabwean economy has not performed well, characterised by averagely declining levels of growth and often recording negative economic growth in some years. Various explanations have been provided by different scholars including statism (Midgely, 1987; Gilman, 2006), excessive government spending (Fan and Rao, 2003), poor economic governance and a series of wrong policy choices (Gilpin, 2008). The study focused on determining the resource allocation to the three sectors of the economy (safety and security, social and economic), as well as analysing the nature of the spending between operational and capital investment. The study found that declining capital investment, huge defence budget and transfer payments, were among factors that reduced the influence of government expenditure in driving economic growth in Zimbabwe. Key recommendations included budgetary reforms aimed at reducing large defence spending and size of the public sector, and direct limited fiscal resources towards the economic sector through capital investment, human capital development and knowledge processes as the imperatives for sustainable long-term growth. 92 pp. Englisch. Seller Inventory # 9783846539064

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Book Description LAP Lambert Academic Publishing, Germany, 2011. Paperback. Condition: New. Aufl.. Language: English . Brand New Book. Since 1980, the Zimbabwean economy has not performed well, characterised by averagely declining levels of growth and often recording negative economic growth in some years. Various explanations have been provided by different scholars including statism (Midgely, 1987; Gilman, 2006), excessive government spending (Fan and Rao, 2003), poor economic governance and a series of wrong policy choices (Gilpin, 2008). The study focused on determining the resource allocation to the three sectors of the economy (safety and security, social and economic), as well as analysing the nature of the spending between operational and capital investment. The study found that declining capital investment, huge defence budget and transfer payments, were among factors that reduced the influence of government expenditure in driving economic growth in Zimbabwe. Key recommendations included budgetary reforms aimed at reducing large defence spending and size of the public sector, and direct limited fiscal resources towards the economic sector through capital investment, human capital development and knowledge processes as the imperatives for sustainable long-term growth. Seller Inventory # KNV9783846539064

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