Cover Post-Stabilization Economics in Sub-Saharan Africa
Post-Stabilization Economics in Sub-Saharan Africa
Lessons from Mozambique
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Abstract

Mozambique is an economic success story in sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, including how they can efficiently manage a scaling up of foreign aid aimed at poverty reduction. Of special interest to other sub-Saharan countries are the book's discussions of Mozambique's progress toward consolidating macroeconomic and financial stability, and the challenges it faces in ensuring long-term sustainability, creating a virtuous cycle of natural resource use, and implementing second-generation structural reforms to sustain its growth. This book also provides a summary of the most recent research on issues related to post-stabilization economics in SSA.

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Author:
Mr. Shanaka J Peiris
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and
Mr. Jean A. P. Clément
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Series:
Books
Publisher:
International Monetary Fund
Language:
English
Publication Date:
01 May 2008
DOI:
https://doi.org/10.5089/9781589066779.071
ISBN:
9781589066779
Pages:
407
Keywords:
BOOK; Mozambique; exchange rate; productivity; poverty; income; poverty reduction; monetary management; transmission mechanism; government implementation; crop income; Total factor productivity; Real exchange rates; Exports; Exchange rates; Sub-Saharan Africa; Africa; Southern Africa; East Asia; Asia and Pacific
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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