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Stabilization and structural adjustment in Mozambique: an appraisal

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Author Info

  • 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)

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 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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Bibliographic Info

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:299-323

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Web page: http://www3.interscience.wiley.com/journal/5102/home

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  1. Carmen Reinhart, 1994. "Devaluation, Relative Prices, and International Trade: Evidence from Developing Countries," IMF Working Papers 94/140, International Monetary Fund.
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Cited by:
  1. Nin Pratt, Alejandro & Yu, Bingxin, 2008. "An updated look at the recovery of agricultural productivity in Sub-Saharan Africa:," IFPRI discussion papers 787, International Food Policy Research Institute (IFPRI).
  2. Arndt, Channing & Robinson, Sherman & Tarp, Finn, 2002. "Parameter estimation for a computable general equilibrium model: a maximum entropy approach," Economic Modelling, Elsevier, vol. 19(3), pages 375-398, May.
  3. Yu, Bingxin & Nin-Pratt, Alejandro, 2011. "Agricultural productivity and policies in Sub-Saharan Africa:," IFPRI discussion papers 1150, International Food Policy Research Institute (IFPRI).
  4. Arndt, Channing, 2002. "HIV/AIDS, human capital, and economic prospects for Mozambique," TMD discussion papers 88, International Food Policy Research Institute (IFPRI).
  5. Channing Arndt & Sam Jones & Finn Tarp, 2006. "Aid and Development: The Mozambican Case," Discussion Papers 06-13, University of Copenhagen. Department of Economics.
  6. Schut, Marc & Slingerland, Maja & Locke, Anna, 2010. "Biofuel developments in Mozambique. Update and analysis of policy, potential and reality," Energy Policy, Elsevier, vol. 38(9), pages 5151-5165, September.
  7. Arndt, Channing, 2005. "The Doha Trade Round and Mozambique," Policy Research Working Paper Series 3717, The World Bank.
  8. Arndt, Channing & Schiller, Rico & Tarp, Finn, 2001. "Grain transport and rural credit in Mozambique: solving the space-time problem," Agricultural Economics, Blackwell, vol. 25(1), pages 59-70, June.

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