TY - JOUR

T1 - Stabilization and structural adjustment in Mozambique

T2 - an appraisal

AU - Tarp, Finn

AU - Arndt, Channing

AU - Jensen, Henning Tarp

N1 - JEL Classification: O11, O55

PY - 2000

Y1 - 2000

N2 - 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

AB - 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

U2 - 10.1002/(SICI)1099-1328(200004)12:3<299::AID-JID653>3.0.CO;2-N

DO - 10.1002/(SICI)1099-1328(200004)12:3<299::AID-JID653>3.0.CO;2-N

M3 - Journal article

VL - 12

SP - 299

EP - 323

JO - Journal of International Development

JF - Journal of International Development

SN - 0954-1748

IS - 3

ER -