Economic development and institutions in Mozambique: Factors affecting public financial management

António S. Cruz and Fausto J. Mafambissa

No wp-2020-133, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Mozambique has achieved incipient but still fragile socio-economic development since 1975. The public financial management system has been reformed and improved, but its performance has weakened since 2013. Applying an institutional economics approach, we have identified the economic growth strategy, the separation of powers principle, and the degree of decentralization as key factors affecting the public financial management system.

Keywords: Democracy; Growth strategy; Institutional economics; Mozambique; Public finance management (search for similar items in EconPapers)
Date: 2020
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