独立后津巴布韦棘手的公共债务:一个国际比较

IF 3.5 2区 经济学 Q1 ECONOMICS
Freeman Munisi Mateko , Barbra Maiwasha , Emmanuel Tsara
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引用次数: 0

摘要

独立后的津巴布韦的公共债务和公共担保债务是如何随着时间无情地螺旋式上升的?这项混合方法研究旨在确定引发津巴布韦债务危机的原因和影响。从世界银行门户网站获得了1980-2022年期间公共债务的描述性数据。该研究使用了从在线存储库获得的文件证据。在数据分析一节下采用了文献分析。研究结果表明,公共债务高企是由于不断向金融机构借款、腐败、机构薄弱、不遵守现有的法律框架、未列入预算的支出以及公共债务管理缺乏透明度和问责制。人们还确定,津巴布韦不可持续的公共债务导致经济增长缓慢和丧失信誉地位。该研究的新颖之处在于,它考察了公共债务的原因和影响,并提出了解决方案。这些研究结果表明,津巴布韦必须降低其公共债务水平,以便提高其实现宏观经济目标和实现可持续发展目标的能力。在政策建议方面,有人建议有必要执行公共债务政策、债务透明度、坚决承诺处理腐败、负责任和有节制的政府借款。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The intractability of public debt in post-independent Zimbabwe: An international comparison
How has public and publicly guaranteed debt in post-independent Zimbabwe relentlessly spiralled over time? The mixed method study aimed to determine the causes and effects that have triggered a debt crisis in Zimbabwe. Descriptive data on public debt was obtained from the World Bank portal for the period 1980–2022. The research used documentary evidence obtained from online repositories. Documentary analysis was used under the data analysis section. Research findings indicated that high public debt was a result of continuous borrowing from financial institutions, corruption, weak institutions, non-adherence to the available legal frameworks, unbudgeted expenditures, as well as a lack of transparency and accountability in public debt management. It was also established that unsustainable public debt in Zimbabwe led to slow economic growth and a loss of creditworthiness status. The novelty of the research is on the basis of examining the causes and effects of public debt as well as providing solutions. These research findings imply that Zimbabwe must reduce its public debt levels in order to improve its capacity to meet macro-economic objectives and attain sustainable development goals. In terms of policy recommendations, it was suggested that there is a need for implementing public debt policy, debt transparency, a strong commitment to deal with corruption, responsible and restrained government borrowing.
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来源期刊
CiteScore
6.20
自引率
11.40%
发文量
76
期刊介绍: The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.
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