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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="97652157"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/97652157/Policies_for_Managing_Natural_Resources_in_Low_Income_Countries"><img alt="Research paper thumbnail of Policies for Managing Natural Resources in Low Income Countries" class="work-thumbnail" src="https://attachments.academia-assets.com/99215910/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/97652157/Policies_for_Managing_Natural_Resources_in_Low_Income_Countries">Policies for Managing Natural Resources in Low Income Countries</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">The literature on resource dependency in the last three decades is long on theoretical and empiri...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">The literature on resource dependency in the last three decades is long on theoretical and empirical effects of natural resources on an economy, but short on practical policy prescriptions to deal with these effects. The recommended policies normally range from adjusting fiscal policy to deal with commodity volatility, adapting monetary policy to reduce the external shocks, and keeping the real exchange rate competitive. This paper makes the argument that these policies are targeted toward the symptoms of natural resource dependency, and not the underlying cause of concern about this dependency, which is, how to replace these resources when they are depleted. This point is all the more important considering that the poorest, resource dependent countries have negative genuine savings rate, i.e., they are living off their natural resource assets. Furthermore, traditional policies also miss another important feature of resource rich countries: the need to create jobs because the sector...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="defa8844770bc6a58cf2881c0b89515b" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":99215910,"asset_id":97652157,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/99215910/download_file?st=MTczMjQ5MTEzNSw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="97652157"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="97652157"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 97652157; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=97652157]").text(description); $(".js-view-count[data-work-id=97652157]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 97652157; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='97652157']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 97652157, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "defa8844770bc6a58cf2881c0b89515b" } } $('.js-work-strip[data-work-id=97652157]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":97652157,"title":"Policies for Managing Natural Resources in Low Income Countries","translated_title":"","metadata":{"abstract":"The literature on resource dependency in the last three decades is long on theoretical and empirical effects of natural resources on an economy, but short on practical policy prescriptions to deal with these effects. 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Industrialization, and Globalization</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">After many decades of expansion, incomes and standards of living have never been better in many p...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">After many decades of expansion, incomes and standards of living have never been better in many parts of the world. Yet, in the developed economies, there is anxiety over the loss of manufacturing jobs that once absorbed a large share of the labor force and created a middle class that formed the core of democracy. The vast majority of middle- income countries have not yet been able to make the transition to the high-income group despite decades of growth. Progress among low-income countries, particularly sub-Saharan African countries, in achieving productivity growth and structural transformation has been slow, and deindustrialization has occurred in some. Jobs, Industrialization, and Globalization examines the development problems pertinent to each of these groups of countries and explores solutions. The book’s structural analysis reveals that, among the low- and middle-income countries, industrialization remains the major route, if not the only route, to creating jobs and raising ...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="92019054"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="92019054"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 92019054; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=92019054]").text(description); $(".js-view-count[data-work-id=92019054]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 92019054; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='92019054']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 92019054, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=92019054]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":92019054,"title":"Jobs, Industrialization, and Globalization","translated_title":"","metadata":{"abstract":"After many decades of expansion, incomes and standards of living have never been better in many parts of the world. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85239775"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/85239775/Institutional_Support_for_Policy_Coordination"><img alt="Research paper thumbnail of Institutional Support for Policy Coordination" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/85239775/Institutional_Support_for_Policy_Coordination">Institutional Support for Policy Coordination</a></div><div class="wp-workCard_item"><span>Light Manufacturing in Tanzania</span><span>, 2013</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85239775"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85239775"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85239775; 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85239749"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/85239749/Managing_Natural_Resources_for_Growth_and_Prosperity_in_Low_Income_Countries"><img alt="Research paper thumbnail of Managing Natural Resources for Growth and Prosperity in Low Income Countries" class="work-thumbnail" src="https://attachments.academia-assets.com/89998823/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/85239749/Managing_Natural_Resources_for_Growth_and_Prosperity_in_Low_Income_Countries">Managing Natural Resources for Growth and Prosperity in Low Income Countries</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">This paper reviews the economic impact of natural resources on low-income countries and the polic...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">This paper reviews the economic impact of natural resources on low-income countries and the policy options available to them as recommended by academia and international organizations. We find that traditional policy prescriptions are unrealistic and miss a number of issues that include what to do when resources are depleted, job creation for growth and prosperity, and heterogeneity in country conditions. The paper proposes to reconcile these problems by advocating a strategy based on new structural economics, with a special focus on economic growth and job creation using the proceeds of natural resources. This approach combines “learning by doing” with targeted public investment in order to develop infrastructure and human capital. For many low-income countries, development of simple, labor-intensive light manufacturing is the recommended path. This recommendation is elaborated in a case study of South Sudan, a poor, resource-rich country in Africa.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="3da4099bbbbe2686b135eb90f50d6f05" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":89998823,"asset_id":85239749,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/89998823/download_file?st=MTczMjQ5MTEzNSw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85239749"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85239749"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85239749; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=85239749]").text(description); $(".js-view-count[data-work-id=85239749]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 85239749; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='85239749']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 85239749, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "3da4099bbbbe2686b135eb90f50d6f05" } } $('.js-work-strip[data-work-id=85239749]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":85239749,"title":"Managing Natural Resources for Growth and Prosperity in Low Income Countries","translated_title":"","metadata":{"abstract":"This paper reviews the economic impact of natural resources on low-income countries and the policy options available to them as recommended by academia and international organizations. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="82511947"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/82511947/A_Case_Study_of_the_Conflict_between_Well_Intentioned_Macroeconomic_Policy_and_Service_Delivery_to_the_Poor_Africa_Region_Working"><img alt="Research paper thumbnail of A Case Study of the Conflict between Well-Intentioned Macroeconomic Policy and Service Delivery to the Poor Africa Region Working" class="work-thumbnail" src="https://attachments.academia-assets.com/88197730/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/82511947/A_Case_Study_of_the_Conflict_between_Well_Intentioned_Macroeconomic_Policy_and_Service_Delivery_to_the_Poor_Africa_Region_Working">A Case Study of the Conflict between Well-Intentioned Macroeconomic Policy and Service Delivery to the Poor Africa Region Working</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">In the early 1990s, facing runaway inflation and budget discipline problems, the Zambian governme...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">In the early 1990s, facing runaway inflation and budget discipline problems, 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. This paper reviews Zambia’s experience during the past decade, focusing on the impact of the cash budget on poverty reduction. The conclusion is that after some initial success in reducing hyperinflation, the cash budget has largely failed to keep inflation at low levels, created a false sense of fiscal security, and distracted policymakers from addressing the fundamental issue of fiscal discipline. More important, it has had a deeply pernicious effect on the quality of service delivery to the poor. Features inherent to the cash budgeting system facilitated a substantial redirection of resources away from the intended targets, such as agencies/ministries that provide social and economic services. The cash budget also eliminated the predicta...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="2034fd39ed3d2e2894cb39800c7acf2c" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":88197730,"asset_id":82511947,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/88197730/download_file?st=MTczMjQ5MTEzNSw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="82511947"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="82511947"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 82511947; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=82511947]").text(description); $(".js-view-count[data-work-id=82511947]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 82511947; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='82511947']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 82511947, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "2034fd39ed3d2e2894cb39800c7acf2c" } } $('.js-work-strip[data-work-id=82511947]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":82511947,"title":"A Case Study of the Conflict between Well-Intentioned Macroeconomic Policy and Service Delivery to the Poor Africa Region Working","translated_title":"","metadata":{"abstract":"In the early 1990s, facing runaway inflation and budget discipline problems, 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. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="76485269"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/76485269/1_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"><img alt="Research paper thumbnail of 1 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" class="work-thumbnail" src="https://attachments.academia-assets.com/84179414/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/76485269/1_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">1 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</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">In the early 1990s, facing runaway inflation and budget discipline problems, the Zambian governme...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">In the early 1990s, facing runaway inflation and budget discipline problems, 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. This paper reviews Zambia’s experience during the past decade, focusing on the impact of the cash budget on poverty reduction. The conclusion is that after some initial success in reducing hyperinflation, the cash budget has largely failed to keep inflation at low levels, created a false sense of fiscal security, and distracted policymakers from addressing the fundamental issue of fiscal discipline. More important, it has had a deeply pernicious effect on the quality of service delivery to the poor. Features inherent to the cash budgeting system facilitated a substantial redirection of resources away from the intended targets, such as agencies/ministries that provide social and economic services. The cash budget also eliminated the predict...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="fb450690bd5639dfe3d5b869429425f7" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":84179414,"asset_id":76485269,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/84179414/download_file?st=MTczMjQ5MTEzNSw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="76485269"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="76485269"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 76485269; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=76485269]").text(description); $(".js-view-count[data-work-id=76485269]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 76485269; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='76485269']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 76485269, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "fb450690bd5639dfe3d5b869429425f7" } } $('.js-work-strip[data-work-id=76485269]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":76485269,"title":"1 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","translated_title":"","metadata":{"abstract":"In the early 1990s, facing runaway inflation and budget discipline problems, 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. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="69171387"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/69171387/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_"><img alt="Research paper thumbnail of 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 …" class="work-thumbnail" src="https://attachments.academia-assets.com/79369018/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/69171387/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_">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 …</a></div><div class="wp-workCard_item wp-workCard--coauthors"><span>by </span><span><a class="" data-click-track="profile-work-strip-authors" href="https://independent.academia.edu/HinhDinh1">Hinh Dinh</a> and <a class="" data-click-track="profile-work-strip-authors" href="https://independent.academia.edu/BernardMyers1">Bernard Myers</a></span></div><div class="wp-workCard_item"><span>World</span><span>, 2002</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">In the early 1990s, facing runaway inflation and budget discipline problems, the Zambian governme...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">In the early 1990s, facing runaway inflation and budget discipline problems, 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. This paper reviews Zambia&#x27;s ...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="2927b2509d5535e1666613b7d92c1a0d" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79369018,"asset_id":69171387,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79369018/download_file?st=MTczMjQ5MTEzNiw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="69171387"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="69171387"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 69171387; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=69171387]").text(description); $(".js-view-count[data-work-id=69171387]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 69171387; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='69171387']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 69171387, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "2927b2509d5535e1666613b7d92c1a0d" } } $('.js-work-strip[data-work-id=69171387]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":69171387,"title":"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 …","translated_title":"","metadata":{"abstract":"In the early 1990s, facing runaway inflation and budget discipline problems, 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. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="97652157"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/97652157/Policies_for_Managing_Natural_Resources_in_Low_Income_Countries"><img alt="Research paper thumbnail of Policies for Managing Natural Resources in Low Income Countries" class="work-thumbnail" src="https://attachments.academia-assets.com/99215910/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/97652157/Policies_for_Managing_Natural_Resources_in_Low_Income_Countries">Policies for Managing Natural Resources in Low Income Countries</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">The literature on resource dependency in the last three decades is long on theoretical and empiri...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">The literature on resource dependency in the last three decades is long on theoretical and empirical effects of natural resources on an economy, but short on practical policy prescriptions to deal with these effects. The recommended policies normally range from adjusting fiscal policy to deal with commodity volatility, adapting monetary policy to reduce the external shocks, and keeping the real exchange rate competitive. This paper makes the argument that these policies are targeted toward the symptoms of natural resource dependency, and not the underlying cause of concern about this dependency, which is, how to replace these resources when they are depleted. This point is all the more important considering that the poorest, resource dependent countries have negative genuine savings rate, i.e., they are living off their natural resource assets. Furthermore, traditional policies also miss another important feature of resource rich countries: the need to create jobs because the sector...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="defa8844770bc6a58cf2881c0b89515b" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":99215910,"asset_id":97652157,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/99215910/download_file?st=MTczMjQ5MTEzNiw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="97652157"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="97652157"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 97652157; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=97652157]").text(description); $(".js-view-count[data-work-id=97652157]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 97652157; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='97652157']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 97652157, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "defa8844770bc6a58cf2881c0b89515b" } } $('.js-work-strip[data-work-id=97652157]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":97652157,"title":"Policies for Managing Natural Resources in Low Income Countries","translated_title":"","metadata":{"abstract":"The literature on resource dependency in the last three decades is long on theoretical and empirical effects of natural resources on an economy, but short on practical policy prescriptions to deal with these effects. 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This point is all the more important considering that the poorest, resource dependent countries have negative genuine savings rate, i.e., they are living off their natural resource assets. 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Industrialization, and Globalization</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">After many decades of expansion, incomes and standards of living have never been better in many p...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">After many decades of expansion, incomes and standards of living have never been better in many parts of the world. Yet, in the developed economies, there is anxiety over the loss of manufacturing jobs that once absorbed a large share of the labor force and created a middle class that formed the core of democracy. The vast majority of middle- income countries have not yet been able to make the transition to the high-income group despite decades of growth. Progress among low-income countries, particularly sub-Saharan African countries, in achieving productivity growth and structural transformation has been slow, and deindustrialization has occurred in some. Jobs, Industrialization, and Globalization examines the development problems pertinent to each of these groups of countries and explores solutions. The book’s structural analysis reveals that, among the low- and middle-income countries, industrialization remains the major route, if not the only route, to creating jobs and raising ...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="92019054"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="92019054"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 92019054; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=92019054]").text(description); $(".js-view-count[data-work-id=92019054]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 92019054; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='92019054']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 92019054, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=92019054]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":92019054,"title":"Jobs, Industrialization, and Globalization","translated_title":"","metadata":{"abstract":"After many decades of expansion, incomes and standards of living have never been better in many parts of the world. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85239749"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/85239749/Managing_Natural_Resources_for_Growth_and_Prosperity_in_Low_Income_Countries"><img alt="Research paper thumbnail of Managing Natural Resources for Growth and Prosperity in Low Income Countries" class="work-thumbnail" src="https://attachments.academia-assets.com/89998823/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/85239749/Managing_Natural_Resources_for_Growth_and_Prosperity_in_Low_Income_Countries">Managing Natural Resources for Growth and Prosperity in Low Income Countries</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">This paper reviews the economic impact of natural resources on low-income countries and the polic...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">This paper reviews the economic impact of natural resources on low-income countries and the policy options available to them as recommended by academia and international organizations. We find that traditional policy prescriptions are unrealistic and miss a number of issues that include what to do when resources are depleted, job creation for growth and prosperity, and heterogeneity in country conditions. The paper proposes to reconcile these problems by advocating a strategy based on new structural economics, with a special focus on economic growth and job creation using the proceeds of natural resources. This approach combines “learning by doing” with targeted public investment in order to develop infrastructure and human capital. For many low-income countries, development of simple, labor-intensive light manufacturing is the recommended path. This recommendation is elaborated in a case study of South Sudan, a poor, resource-rich country in Africa.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="3da4099bbbbe2686b135eb90f50d6f05" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":89998823,"asset_id":85239749,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/89998823/download_file?st=MTczMjQ5MTEzNiw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85239749"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85239749"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85239749; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=85239749]").text(description); $(".js-view-count[data-work-id=85239749]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 85239749; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='85239749']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 85239749, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "3da4099bbbbe2686b135eb90f50d6f05" } } $('.js-work-strip[data-work-id=85239749]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":85239749,"title":"Managing Natural Resources for Growth and Prosperity in Low Income Countries","translated_title":"","metadata":{"abstract":"This paper reviews the economic impact of natural resources on low-income countries and the policy options available to them as recommended by academia and international organizations. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="82511947"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/82511947/A_Case_Study_of_the_Conflict_between_Well_Intentioned_Macroeconomic_Policy_and_Service_Delivery_to_the_Poor_Africa_Region_Working"><img alt="Research paper thumbnail of A Case Study of the Conflict between Well-Intentioned Macroeconomic Policy and Service Delivery to the Poor Africa Region Working" class="work-thumbnail" src="https://attachments.academia-assets.com/88197730/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/82511947/A_Case_Study_of_the_Conflict_between_Well_Intentioned_Macroeconomic_Policy_and_Service_Delivery_to_the_Poor_Africa_Region_Working">A Case Study of the Conflict between Well-Intentioned Macroeconomic Policy and Service Delivery to the Poor Africa Region Working</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">In the early 1990s, facing runaway inflation and budget discipline problems, the Zambian governme...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">In the early 1990s, facing runaway inflation and budget discipline problems, 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. This paper reviews Zambia’s experience during the past decade, focusing on the impact of the cash budget on poverty reduction. The conclusion is that after some initial success in reducing hyperinflation, the cash budget has largely failed to keep inflation at low levels, created a false sense of fiscal security, and distracted policymakers from addressing the fundamental issue of fiscal discipline. More important, it has had a deeply pernicious effect on the quality of service delivery to the poor. Features inherent to the cash budgeting system facilitated a substantial redirection of resources away from the intended targets, such as agencies/ministries that provide social and economic services. The cash budget also eliminated the predicta...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="2034fd39ed3d2e2894cb39800c7acf2c" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":88197730,"asset_id":82511947,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/88197730/download_file?st=MTczMjQ5MTEzNiw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="82511947"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="82511947"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 82511947; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=82511947]").text(description); $(".js-view-count[data-work-id=82511947]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 82511947; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='82511947']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 82511947, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "2034fd39ed3d2e2894cb39800c7acf2c" } } $('.js-work-strip[data-work-id=82511947]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":82511947,"title":"A Case Study of the Conflict between Well-Intentioned Macroeconomic Policy and Service Delivery to the Poor Africa Region Working","translated_title":"","metadata":{"abstract":"In the early 1990s, facing runaway inflation and budget discipline problems, 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. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="76485269"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/76485269/1_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"><img alt="Research paper thumbnail of 1 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" class="work-thumbnail" src="https://attachments.academia-assets.com/84179414/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/76485269/1_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">1 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</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">In the early 1990s, facing runaway inflation and budget discipline problems, the Zambian governme...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">In the early 1990s, facing runaway inflation and budget discipline problems, 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. This paper reviews Zambia’s experience during the past decade, focusing on the impact of the cash budget on poverty reduction. The conclusion is that after some initial success in reducing hyperinflation, the cash budget has largely failed to keep inflation at low levels, created a false sense of fiscal security, and distracted policymakers from addressing the fundamental issue of fiscal discipline. More important, it has had a deeply pernicious effect on the quality of service delivery to the poor. Features inherent to the cash budgeting system facilitated a substantial redirection of resources away from the intended targets, such as agencies/ministries that provide social and economic services. The cash budget also eliminated the predict...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="fb450690bd5639dfe3d5b869429425f7" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":84179414,"asset_id":76485269,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/84179414/download_file?st=MTczMjQ5MTEzNiw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="76485269"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="76485269"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 76485269; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=76485269]").text(description); $(".js-view-count[data-work-id=76485269]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 76485269; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='76485269']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 76485269, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "fb450690bd5639dfe3d5b869429425f7" } } $('.js-work-strip[data-work-id=76485269]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":76485269,"title":"1 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","translated_title":"","metadata":{"abstract":"In the early 1990s, facing runaway inflation and budget discipline problems, 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. 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