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The first era, the postWorld War II period through the early 1970s, Zambian budget was...

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Accounting

The first era, the postWorld War II period through the early 1970s, Zambian budget was characterized by the dominance of incrementalism. It emphasized stability, growth, and focused on bottom-up micro budgeting as a broad explanation of how the government makes public policy.

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Will Zambian policymakers be able to strike a better balance between micro budgeting and macro budgeting than occurred during the period of high deficits?

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