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

Author/Editor:

Shanaka J Peiris ; Jean A. P. Clément

Publication Date:

May 1, 2008

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.

Series:

Books

Subject:

English

Publication Date:

May 1, 2008

ISBN/ISSN:

9781589066779

Stock No:

PSESEA

Pages:

407

Please address any questions about this title to publications@imf.org