Stabilization and Structual Adjustment in Mozambique: An Appraisal
Channing Arndt and
Finn Tarp
MPRA Paper from University Library of Munich, Germany
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: Structural adjustment; Mozambique; historical analysis (search for similar items in EconPapers)
JEL-codes: F35 I3 O11 (search for similar items in EconPapers)
Date: 1999-02
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Citations: View citations in EconPapers (4)
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https://mpra.ub.uni-muenchen.de/62443/1/MPRA_paper_62443.pdf original version (application/pdf)
Related works:
Journal Article: Stabilization and structural adjustment in Mozambique: an appraisal (2000) 
Working Paper: STABILIZATION AND STRUCTURAL ADJUSTMENT IN MOZAMBIQUE: AN APPRAISAL (1999) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:62443
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