Post-stabilization economics in Sub-Saharan Africa : lessons from Mozambique

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Title:

Post-stabilization economics in Sub-Saharan Africa : lessons from Mozambique

Author:

Clément, Jean A. P.

ISBN:

9781589066779

Publication Information:

[Washington, D.C.] : International Monetary Fund, c2008.

Physical Description:

viii, 397 p. : ill., map ; 23 cm.

Contents:

Introduction and overview / Sustaining growth takeoffs : lessons from Mozambique / Halving the poverty rate by 2015 / Sustaining growth in the long term / Monetary and financial sector policies : the road to price and financial stability / Monetary policy in Sub-Saharan Africa : lessons from a dynamic stochastic general equilibrium model applied to Mozambique / Macroeconomic management of scaled-up foreign aid / Government-donor partnerships : Mozambique as a model of donor coordination / Managing mineral resources : from curse to blessing / Strengthening Mozambique's business environment : diagnostics, strategies, and outcomes / Export performance and competitiveness in Mozambique

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.

Subject Term:

Economic assistance -- Mozambique.

Postwar reconstruction -- Mozambique.

Poverty -- Mozambique.

Geographic Term:

Mozambique -- Economic conditions -- 1975-

Mozambique -- Economic policy.

Added Author:

Clément, Jean A. P.

Peiris, Shanaka J. (Shanaka Jayanath), 1975-

Added Corporate Author:

International Monetary Fund.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025523677	330.9679 C626P 2008	1	Searching... Unknown

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Summary

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.