Stabilization and structural adjustment in Mozambique: an appraisal
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 stabilization 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. Copyright © 2000 John Wiley & Sons, Ltd.
Year of publication: |
2000
|
---|---|
Authors: | Arndt, Channing ; Jensen, Henning Tarp ; Tarp, Finn |
Published in: |
Journal of International Development. - John Wiley & Sons, Ltd., ISSN 0954-1748. - Vol. 12.2000, 3, p. 299-323
|
Publisher: |
John Wiley & Sons, Ltd. |
Saved in:
Saved in favorites
Similar items by person
-
Structural characteristics of the economy of Mozambique : a SAM-based analysis
Arndt, Channing, (2000)
-
Stabilization and structural adjustment in Mozambique : an appraisal
Arndt, Channing, (2000)
-
Structural Characteristics of the Economy of Mozambique : A SAM-Based Analysis
Arndt, Channing, (2014)
- More ...