viii, 397 pages : illustrations, map ; 23 cm
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.
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Introduction and overview /Jean A.P. Clément Sustaining growth takeoffs : lessons from Mozambique /Jean A.P. Clément and Shanaka J. Peiris Halving the poverty rate by 2015 /Louise Fox, Rui Benfica, and Melissa Sekkel Sustaining growth in the long term /Sam Jones Monetary and financial sector policies : the road to price and financial stability /Shanaka J. Peiris and Victor Lledó Monetary policy in Sub-Saharan Africa : lessons from a dynamic stochastic general equilibrium model applied to Mozambique /Shanaka J. Peiris and Magnus Saxegaard Macroeconomic management of scaled-up foreign aid /Shanaka J. Peiris Government-donor partnerships : Mozambique as a model of donor coordination /Felix Fischer, Emmy Bosten, and Victor Lledó Managing mineral resources : from curse to blessing /Julien Hartley and James Otto Strengthening Mozambique's business environment : diagnostics, strategies, and outcomes /Victor Lledó Export performance and competitiveness in Mozambique /Magnus Saxegaard.