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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...

Overview: Mozambique Rising—Building a New Tomorrow

Overview: Mozambique Rising—Building a New Tomorrow »

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

This publication highlights Mozambique’s remarkably strong growth over the two decades since the end of the civil war in 1992 as well as the major challenges that remain for the country to rise out of povert...

Chapter 2. The Role of Megaprojects and Their Relationship to Jobs and Growth

Chapter 2. The Role of Megaprojects and Their Relationship to Jobs and Growth »

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

Foreign direct investment (FDI) in Mozambique is closely linked to megaprojects—large-size, foreign-owned projects, often in the natural resources sector. This chapter discusses why FDI in Mozambique has bee...

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 4. Mozambique’s Quest for Inclusive Growth

Chapter 4. Mozambique’s Quest for Inclusive Growth »

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

The pursuit of inclusive growth in which the benefits are widely shared across the population has become a central macroeconomic challenge in both advanced and developing economies. Significant increases in...

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 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 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 9. Toward a Mozambican Social Protection Floor

Chapter 9. Toward a Mozambican Social Protection Floor »

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 one of the fastest growing economies in Africa over the past two decades, but recent challenges to translate this positive economic trend into significant poverty reduction have made clea...