Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note

This note identifies elements to consider when establishing and operating the proposed Development Bank of Mozambique (MDB). It is motivated by the recently circulated draft National Development Strategy which calls for the creation of a developmen...

Full description

Bibliographic Details
Main Author: Leonardo Vicente, Carlos
Format: Policy Note
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/01/19263607/elements-consider-establishing-envisaged-development-bank-mozambique
http://hdl.handle.net/10986/17360
id okr-10986-17360
recordtype oai_dc
spelling okr-10986-173602021-04-23T14:03:37Z Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note Leonardo Vicente, Carlos BUDGETING CAPACITY CONSTRAINTS COMMODITY PRICE COMMODITY PRICES CONTINGENT LIABILITIES DEBT DEVELOPMENT BANK EXPENDITURE FINANCIAL MANAGEMENT FISCAL POLICY GOVERNMENT REVENUES INVESTMENT PROJECTS MACROECONOMIC STABILITY PRICE VOLATILITY PUBLIC INVESTMENTS PUBLIC SAVINGS PUBLIC SPENDING REAL EXCHANGE RATE RETURNS TRANSPARENCY This note identifies elements to consider when establishing and operating the proposed Development Bank of Mozambique (MDB). It is motivated by the recently circulated draft National Development Strategy which calls for the creation of a development bank to promote economic development by mobilizing and allocating financial resources for long-term investment. The note neither endorses nor opposes the establishment of the proposed development bank in Mozambique. The note is organized as follows: following this introduction, section two highlights recent progress in outreach and access to finance in Mozambique and identifies three market gaps, limited availability of long-term finance, agricultural finance, and Small and Medium Enterprise (SME) finance, which are often cited as reasons for government intervention; section three assesses a potential role for the development bank in addressing these gaps; section four discusses elements to consider when establishing and operating such development bank; and section five concludes. 2014-03-25T18:27:22Z 2014-03-25T18:27:22Z 2014-01 http://documents.worldbank.org/curated/en/2014/01/19263607/elements-consider-establishing-envisaged-development-bank-mozambique http://hdl.handle.net/10986/17360 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Mozambique
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BUDGETING
CAPACITY CONSTRAINTS
COMMODITY PRICE
COMMODITY PRICES
CONTINGENT LIABILITIES
DEBT
DEVELOPMENT BANK
EXPENDITURE
FINANCIAL MANAGEMENT
FISCAL POLICY
GOVERNMENT REVENUES
INVESTMENT PROJECTS
MACROECONOMIC STABILITY
PRICE VOLATILITY
PUBLIC INVESTMENTS
PUBLIC SAVINGS
PUBLIC SPENDING
REAL EXCHANGE RATE
RETURNS
TRANSPARENCY
spellingShingle BUDGETING
CAPACITY CONSTRAINTS
COMMODITY PRICE
COMMODITY PRICES
CONTINGENT LIABILITIES
DEBT
DEVELOPMENT BANK
EXPENDITURE
FINANCIAL MANAGEMENT
FISCAL POLICY
GOVERNMENT REVENUES
INVESTMENT PROJECTS
MACROECONOMIC STABILITY
PRICE VOLATILITY
PUBLIC INVESTMENTS
PUBLIC SAVINGS
PUBLIC SPENDING
REAL EXCHANGE RATE
RETURNS
TRANSPARENCY
Leonardo Vicente, Carlos
Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
geographic_facet Africa
Mozambique
description This note identifies elements to consider when establishing and operating the proposed Development Bank of Mozambique (MDB). It is motivated by the recently circulated draft National Development Strategy which calls for the creation of a development bank to promote economic development by mobilizing and allocating financial resources for long-term investment. The note neither endorses nor opposes the establishment of the proposed development bank in Mozambique. The note is organized as follows: following this introduction, section two highlights recent progress in outreach and access to finance in Mozambique and identifies three market gaps, limited availability of long-term finance, agricultural finance, and Small and Medium Enterprise (SME) finance, which are often cited as reasons for government intervention; section three assesses a potential role for the development bank in addressing these gaps; section four discusses elements to consider when establishing and operating such development bank; and section five concludes.
format Economic & Sector Work :: Policy Note
author Leonardo Vicente, Carlos
author_facet Leonardo Vicente, Carlos
author_sort Leonardo Vicente, Carlos
title Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
title_short Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
title_full Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
title_fullStr Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
title_full_unstemmed Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
title_sort elements to consider when establishing the envisaged development bank of mozambique : policy note
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/01/19263607/elements-consider-establishing-envisaged-development-bank-mozambique
http://hdl.handle.net/10986/17360
_version_ 1764436968586870784