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projects. We find that project concessions can recapture value by phasing dam build-out. Our optionality framework can help …
Persistent link: https://www.econbiz.de/10011451648
The rule of law and judicial independence are a project yet to be achieved in Mozambique. The different attempts made so far to reform the legal system, mainly after the change in political and strategic direction brought about by the Constitution of 1990, were always short-sighted and...
Persistent link: https://www.econbiz.de/10012301850
In very poor countries, inequality often means that a small part of the population maintains living standards far above the rest. This is also true for educational inequality in Mozambique: only a small segment of the population has access to higher levels of education (there are 30 times as...
Persistent link: https://www.econbiz.de/10012152058
What makes elites developmental instead of predatory? We argue that Mozambique's elite was developmental at independence 35 years ago. With pressure and encouragement from international forces, it became predatory. It has now partly returned to its developmental roots and is trying to use the...
Persistent link: https://www.econbiz.de/10008663003
Over the past twenty years, Mozambique has achieved remarkable progress in promoting macroeconomic growth and stability. Nonetheless, poverty rates remain high and labour market activity is dominated by smallholder farming. We use recent household survey data to dig into these trends and provide...
Persistent link: https://www.econbiz.de/10011382454
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...
Persistent link: https://www.econbiz.de/10012301854
The central aim of this text is to show the impact institutions have on the performance of the health sector in Mozambique. The text shows that of the social determinants of health, institutions play a central role in the performance of the Mozambican health sector-and, through it, economic and...
Persistent link: https://www.econbiz.de/10012301886
Those fragile states whose stagnation is so tenacious despite generous aid programs, and substantial and costly interventions, are stuck in a 'fragility trap.' Caught in a low-level equilibrium, trapped states appear to be in a perpetual political and economic limbo that can last for years and...
Persistent link: https://www.econbiz.de/10011777116
In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to expectations that these industries will contribute very...
Persistent link: https://www.econbiz.de/10011873860
We examine the long-term impact of forced labour on individual risk behaviour and economic decisions. For that, we focus on a policy of coercive cotton cultivation enforced in colonial Mozambique between 1926 and 1961. We combine archival sources about the boundaries of historical cotton...
Persistent link: https://www.econbiz.de/10014496437