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

May 1, 2008

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Shanaka J Peiris, and Jean A. P. Clément Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique, (USA: International Monetary Fund, 2008) accessed December 22, 2024

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.

Subject: Exchange rates, Exports, Foreign aid, Foreign exchange, International trade, Mining sector, Production, Real exchange rates, Total factor productivity

Keywords: Africa, Asia and Pacific, BOOK, Crop income, East Asia, Exchange rate, Exchange rates, Exports, Government implementation, Income, Monetary management, Mozambique, Poverty, Poverty reduction, Productivity, Real exchange rates, Southern Africa, Sub-Saharan Africa, Total factor productivity, Transmission mechanism

Publication Details

Pages:

407
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Books
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PSESEA
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