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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)

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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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Publisher 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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  1. Channing Arndt & Sam Jones & Finn Tarp, 2006. "Aid and Development: The Mozambican Case," Discussion Papers 06-13, University of Copenhagen. Department of Economics. [Downloadable!]
  2. Arndt, Channing, 2002. "HIV/AIDS, human capital, and economic prospects for Mozambique," TMD discussion papers 88, International Food Policy Research Institute (IFPRI). [Downloadable!]
  3. Smith, Lisa C. & Wiesmann, Doris, 2007. "Is food insecurity more severe in South Asia or Sub-Saharan Africa?: A comparative analysis using household expenditure survey data," IFPRI discussion papers 712, International Food Policy Research Institute (IFPRI). [Downloadable!]
  4. Wuyts, Marc, 2001. "The Agrarian Question in Mozambique's Transition and Reconstruction," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  5. 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). [Downloadable!]
  6. Addison, Tony, 2001. "From Conflict to Reconstruction," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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