Logo
Munich Personal RePEc Archive

Stabilization and Structual Adjustment in Mozambique: An Appraisal

Arndt, Channing and Tarp, Finn (1999): Stabilization and Structual Adjustment in Mozambique: An Appraisal. Published in:

[thumbnail of MPRA_paper_62443.pdf]
Preview
PDF
MPRA_paper_62443.pdf

Download (344kB) | Preview

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.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.