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
SN - 0954-1748
VL - 12
SP - 299
EP - 323
JO - Journal of International Development
JF - Journal of International Development
IS - 3
ER -