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. Dinh, Adugna, and Myers review Zambia's experience...

Front Cover; Contents; Foreword; Acknowledgments; About the Author and Contributors; Abbreviations; Chapter 1 The Potential of Light Manufacturing in Africa; Introduction; Figure 1.1 Sources of Relative Excess Production Costs, Ethiopia, Tanzania, and Zambia, 2011; Why Light Manufacturing?; Figures;...

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...