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Mozambican economic porosity and the role of Brazilian capital: a political economy analysis

Author

Listed:
  • Isabela Nogueira
  • Ossi Ollinaho
  • Eduardo Costa Pinto
  • Grasiela Baruco
  • Alexis Saludjian
  • José Paulo Guedes Pinto
  • Paulo Balanco
  • Carlos Schonerwald

Abstract

After two decades of high growth and increased levels of foreign investment, Mozambique continues to face serious problems in reducing poverty. This article investigates the characteristics of Brazilian aid to and investment in Mozambique and scrutinises how these activities relate to the Mozambican growth. Combining the literature on the porosity of Mozambican growth with an analysis of the class dynamics of Brazilian accumulation, this article identifies the class fractions that sustained the Brazilian neo-developmental attempt and their capital internationalisation into Africa. Moreover, it empirically details their role in giving form to porosity in the Mozambique economy and promoting private gains at the expense of social losses.

Suggested Citation

  • Isabela Nogueira & Ossi Ollinaho & Eduardo Costa Pinto & Grasiela Baruco & Alexis Saludjian & José Paulo Guedes Pinto & Paulo Balanco & Carlos Schonerwald, 2017. "Mozambican economic porosity and the role of Brazilian capital: a political economy analysis," Review of African Political Economy, Taylor & Francis Journals, vol. 44(151), pages 104-121, January.
    • Handle: RePEc:taf:revape:v:44:y:2017:i:151:p:104-121
    DOI: 10.1080/03056244.2017.1295367
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    Cited by:

    1. de Moraes Achcar, Helena, 2022. "South-South cooperation and the re-politicization of development in health," LSE Research Online Documents on Economics 111947, London School of Economics and Political Science, LSE Library.
    2. Cezne, Eric & Hönke, Jana, 2022. "The multiple meanings and uses of South–South relations in extraction: The Brazilian mining company Vale in Mozambique," World Development, Elsevier, vol. 151(C).
    3. de Moraes Achcar, Helena, 2022. "South-South cooperation and the re-politicization of development in health," World Development, Elsevier, vol. 149(C).

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