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Conference paper Conference paper Leiden University catalogue Leiden University catalogue
Title:Assessment of poverty reduction strategies in sub-Saharan Africa: the case of Zambia
Author:Organisation for Social Science Research in Eastern and Southern Africa
City of publisher:Addis Ababa
Publisher:Organisation for Social Science Research in Eastern and Southern Africa (OSSREA)
ISBN:9994455125; 9789994455126
Geographic term:Zambia
Subjects:poverty reduction
economic aid
debt relief
conference papers (form)
Abstract:Zambia's government launched the Poverty Reduction Strategy Paper (PRSP) in the country for the period 2002-2004 in July 2002 as a precondition for receiving debt relief under the World Bank/IMF-supported Highly Indebted Poor Countries (HIPC) initiative. This collective volume assessing PRSP in Zambia presents three papers from a conference on 'Assessment of poverty reduction strategies in sub-Saharan Africa: the cases of Ethiopia, Kenya, Malawi, Rwanda, Uganda, and Zambia', which was held from February 28 to March 1, 2006, in Nairobi, Kenya. Augustus Kapungwe analyses the process and performance of the PRSP in Zambia. Based on the theoretical framework that the PRSP is nothing more than the latest instalment in a long sequence of economic management programmes promulgated by international financial institutions, he concludes that, overall, the PRSP has failed to deliver on its promise to reduce poverty. J.S. Mulungushi analyses the core elements of Zambia's PRSP 2002-2004, the practicability of the elements, the implementation arrangements, monitoring and evaluation, and the influence of external factors. He concludes that, although improvements were recorded in the 3 years of Zambia's PRSP implementation, the macroeconomic environment still remains unbalanced. Laurent C.W. Kaela examines the circumstances that precipitated the economic crisis in the mid-1970s, which led to Zambia's resorting to external and internal borrowing and created favourable conditions for poverty to thrive. He discusses the HIPC initiative relative to the objectives of reducing debt to sustainable levels. [ASC Leiden abstract]