Sector investment programmes have become a common tool in development assistance. However, their contribution to national growth of production and poverty reduction has been less investigated. The sector investments can be seen as a part of national fiscal policy, but, when run poorly, they can...

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...