Resource
The concept of fiscal space and its applicability to the development of social protection policy in Zambia
Extension of Social Security Series, ESS Paper 28
Summary (English)
This paper analyses the implementation of a social protection package in Zambia. It introduces the concept of creating fiscal space to finance social protection. Fiscal space has to do with the financing from government revenues of policies conducive to the development of a country. The term may be seen both in its narrower definition as a redefinition of the fiscal rules to which sensible fiscal policy has always been subject, or in broader terms as a full-blown set of policy actions for development.