STABILIZATION AND STRUCTURAL ADJUSTMENT IN MOZAMBIQUE: AN APPRAISAL

Channing Arndt

No 28657, Staff Papers from Purdue University, Department of Agricultural Economics

Abstract: This paper outlines the complex historical legacy and structural adjustment efforts in Mozambique in addition to reviewing recent economic developments. An in-depth analysis of new and more reliable national accounts data show that macroeconomic stabilisation has occurred through recovery from a suppressed outset. Yet, easy import substitution has now been used up, and structural transformation on the export side remains to be addressed. Moreover, a coherent development strategy geared towards poverty reduction is still to be implemented. The government budget also remains problematic, and aid dependency continues. Accordingly, fundamental development challenges lie ahead.

Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Pages: 28
Date: 1999
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Citations: View citations in EconPapers (1)

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https://ageconsearch.umn.edu/record/28657/files/sp99-01.pdf (application/pdf)

Related works:
Working Paper: Stabilization and Structual Adjustment in Mozambique: An Appraisal (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:puaesp:28657

DOI: 10.22004/ag.econ.28657

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