Mozambique's Industrialization

António S. Cruz, Dina Guambe, Constantino Pedro Marrengula and Amosse Francisco Ubisse

No wp-2014-059, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: After the Second World War, Mozambique went through a series of transformations, from an incipient industrializing colonial society to an independent country with a central planned economy, plus a regional and internal war, and finally from 1994 onwards, a multi-party democracy with a mix of market economy and a still strong public hand. Although growing at more than 7 per cent annually since 1992, the economy is mostly based on low-productivity agriculture. Manufacturing contributes with less than 15 per cent of its GDP, but mineral coal and natural gas tend to expand significantly.

Keywords: Industrial organization (Economic theory); Industrial policy; Investments; Manufacturing industries (search for similar items in EconPapers)
Date: 2014
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