Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique by Shanaka Peiris, Jean Mr. Clément, INTERNATIONAL MONETARY FUND
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Author: Shanaka Peiris, Jean Mr. Clément ISBN: 9781452797762
Publisher: INTERNATIONAL MONETARY FUND Publication: May 1, 2008
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Shanaka Peiris, Jean Mr. Clément
ISBN: 9781452797762
Publisher: INTERNATIONAL MONETARY FUND
Publication: May 1, 2008
Imprint: INTERNATIONAL MONETARY FUND
Language: English

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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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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