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Stabilization and structural adjustment in Mozambique: an appraisal Author info | Abstract | Publisher info | Download info | Related research | Statistics Channing Arndt (Department of Agricultural Economics, Purdue University, Indiana, USA)
Henning Tarp Jensen (Institute of Economics, University of Copenhagen, Denmark)
Finn Tarp (Institute of Economics, University of Copenhagen, Denmark)
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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.
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Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development .
Volume (Year): 12 (2000)
Issue (Month): 3 ()
Pages: 299-323
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Handle: RePEc:wly:jintdv:v:12:y:2000:i:3:p:299-323Contact details of provider: Web page: http://www3.interscience.wiley.com/journal/5102/home
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Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)Channing Arndt & Sam Jones & Finn Tarp, 2006.
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Addison, Tony, 2001.
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