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1. Achieving Senegal’s Growth Objective

1. Achieving Senegal’s Growth Objective »

Source: Making Senegal a Hub for West Africa : Reforming the State, Building to the Future

Series: Departmental Papers / Policy Papers

Author(s): Alexei Kireyev , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 2015

ISBN: 9781498341240

Keywords: Electric power, Export performance, Economic growth, Economic conditions, Senegal, Social safety nets, Policy Support Instrument, Fiscal policy, Foreign direct investment, investment

The Plan Sénégal Emergent (PSE) aims at achieving ambitious growth objectives, which would allow to make Senegal a regional hub in the medium term. Experience of other countries across the world...

3. Channels of Spillovers to Neighboring Countries

3. Channels of Spillovers to Neighboring Countries »

Source: The Spillover Effects of Russia's Economic Slowdown on Neighboring Countries

Series: Departmental Papers / Policy Papers

Author(s): Ara Stepanyan , Agustin Roitman , Gohar Minasyan , Dragana Ostojic , and Natan Epstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2015

ISBN: 9781513571348

Keywords: External shocks, Russian Federation, Economic growth, Negative spillovers, Regional shocks, Central Asia and the Caucasus, Central and Eastern Europe, Baltics, Regional trade, Remittances

Trade and remittances are the main channels of outward spillovers from Russia on neighboring countries (see Figure 1). Trade channel is particularly prominent in CIS and Baltic countries, given...

Chapter 5. Demographic Factors and Structure of Employment

Chapter 5. Demographic Factors and Structure of Employment »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Mozambique’s rapid and steady economic growth over the past two decades outperformed population growth, and GDP per capita increased dramatically from $132 to $567. Nonetheless, the absolute level of GDP per...

Chapter 6. Developing the Agricultural Sector

Chapter 6. Developing the Agricultural Sector »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Agriculture is the largest sector in the Mozambican economy, contributing a quarter of GDP and employing about 80 percent of the workforce. Thus, agriculture offers considerable scope to narrow persistent in...

Chapter 8. Financial Inclusion in Mozambique

Chapter 8. Financial Inclusion in Mozambique »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Access to finance remains problematic in Mozambique. According to the FinScope 2012 survey, 75 percent of micro, small, and medium-sized enterprises (MSMEs) are financially excluded—that is, they do not use...

Chapter 10. Fiscal Challenges of the Natural Resource Boom

Chapter 10. Fiscal Challenges of the Natural Resource Boom »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Natural resource development will have major effects on the Mozambican economy, requiring substantial changes in the current approach to fiscal policy formulation. Resource revenues, while modest to date, ar...

Chapter 12. Fostering Competitiveness: How to Avoid Dutch Disease

Chapter 12. Fostering Competitiveness: How to Avoid Dutch Disease »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Mozambique is poised to become one of the largest exporters of natural gas in the world. The potential economic benefits of developing the sector are enormous—in the early 2020s, natural gas exports could ac...

Chapter 3. Infrastructure and Public Investment

Chapter 3. Infrastructure and Public Investment »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Infrastructure and growth are closely connected. Infrastructure investments can accelerate growth, while higher income levels demand better infrastructure, suggesting a positive relationship between infrastr...

Chapter 7. Mozambique’s Development Corridors: Platforms for Shared Prosperity

Chapter 7. Mozambique’s Development Corridors: Platforms for Shared Prosperity »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

After the devastation of Mozambique’s civil war, it was crucial to jumpstart the economy. “Development corridors” were a key component of the postwar strategy. Due to their geographic location or natural res...

Chapter 1. Mozambique’s Growth Experience, Macroeconomic Policy Mix, and Institutions

Chapter 1. Mozambique’s Growth Experience, Macroeconomic Policy Mix, and Institutions »

Source: Mozambique Rising : Building a New Tomorrow

Series: Departmental Papers / Policy Papers

Author(s): Doris Ross , Victor Lledo , Alex Segura-Ubiergo , Yuan Xiao , Iyabo Masha , Alun Thomas , and Keiichiro Inui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781475565102

Keywords: Demographic transition, Economic growth, Dutch disease, Agricultural sector, Employment, Economic policy, Job creation, Natural resources, Natural gas, Mozambique

Mozambique has been among the fastest growing economies in sub-Saharan Africa over the last 20 years, with average annual real GDP growth of 7.4 percent (Figure 1.1). This followed years of civil strife that...