Industries without smokestacks: Mozambique country case study

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Mozambique has achieved incipient but still fragile socio-economic development since 1975. The public financial management system has been reformed and improved, but its performance has weakened since 2013. Applying an institutional economics approach, we have identified the economic growth strategy, the separation of powers principle, and the degree of decentralization as key factors affecting the public financial management system. As the current strategy based on natural resources seems to be failing, we suggest an alternative balanced growth strategy in the context of an effective democratic political system. It would entail the identification of policy priorities required for fostering sustainable and inclusive development.

Section: Central Planning Economy 1975-86mentioning

confidence: 99%

Economic development and institutions in Mozambique: Factors affecting public financial management

Cruz¹,

Mafambissa²

2020

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Extractive industries and development: Lessons from international experience for Mozambique

Roe¹

2018

This study has been prepared within the project on 'Inclusive growth in Mozambique-scaling up research and capacity', implemented in collaboration between UNU-WIDER, University of Copenhagen, University Eduardo Mondlane, and the Mozambican Ministry of Economics and Finance. The project is financed through specific programme contributions by the governments of Denmark, Finland, Norway, and Switzerland.

The construction sector in Mozambique: An overview

Cruz¹,

Fernandes²,

Mafambissa³

et al. 2018

This study has been prepared within the UNU-WIDER project on 'Natural resources, structural change, and industrial development in Africa' as part of a larger UNU-WIDER research project on 'Jobs, poverty, and structural change in Africa'; and also within the project on 'Inclusive growth in Mozambique-scaling up research and capacity', implemented in collaboration between UNU-WIDER, University of Copenhagen, University Eduardo Mondlane, and the Mozambican Ministry of Economics and Finance. The project is financed through specific programme contributions by the governments of Denmark, Finland, Norway, and Switzerland.