Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth
Mozambique is beginning to emerge from a period of elevated macroeconomic volatility two years after hidden debt revelations triggered a significant economic downturn, but with a reduced capacity for growth. Having averaged near 8 percent between 2...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/132691540307793162/Mozambique-Economic-Update-Shifting-to-More-Inclusive-Growth http://hdl.handle.net/10986/30865 |
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okr-10986-308652021-05-25T09:19:40Z Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE FISCAL TRENDS MONETARY POLICY INCLUSIVE GROWTH POVERTY REDUCTION PRODUCTIVITY INEQUALITY Mozambique is beginning to emerge from a period of elevated macroeconomic volatility two years after hidden debt revelations triggered a significant economic downturn, but with a reduced capacity for growth. Having averaged near 8 percent between 2005 and 2015, GDP growth dropped to 3.7 in 2017 and is projected to fall further to 3.3 percent in 2018 as slower growth in coal production is expected to offset any modest upturn in manufacturing and services. Fiscal consolidation is making progress, but debt levels continue to be a concern. In an analysis of the structure and drivers of Mozambique's growth over the past two decades, the report notes that progress in reducing poverty levels have come as the expense of rising inequality. Therefore, shifting the growth model to broaden the drivers of growth and to raise productivity in sectors with the highest employment potential is a primary challenge facing Mozambique's policy makers today. 2018-11-20T22:45:16Z 2018-11-20T22:45:16Z 2018-10 Report http://documents.worldbank.org/curated/en/132691540307793162/Mozambique-Economic-Update-Shifting-to-More-Inclusive-Growth http://hdl.handle.net/10986/30865 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Mozambique |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE FISCAL TRENDS MONETARY POLICY INCLUSIVE GROWTH POVERTY REDUCTION PRODUCTIVITY INEQUALITY |
| spellingShingle |
ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE FISCAL TRENDS MONETARY POLICY INCLUSIVE GROWTH POVERTY REDUCTION PRODUCTIVITY INEQUALITY World Bank Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth |
| geographic_facet |
Africa Mozambique |
| description |
Mozambique is beginning to emerge from a
period of elevated macroeconomic volatility two years after
hidden debt revelations triggered a significant economic
downturn, but with a reduced capacity for growth. Having
averaged near 8 percent between 2005 and 2015, GDP growth
dropped to 3.7 in 2017 and is projected to fall further to
3.3 percent in 2018 as slower growth in coal production is
expected to offset any modest upturn in manufacturing and
services. Fiscal consolidation is making progress, but debt
levels continue to be a concern. In an analysis of the
structure and drivers of Mozambique's growth over the
past two decades, the report notes that progress in reducing
poverty levels have come as the expense of rising
inequality. Therefore, shifting the growth model to broaden
the drivers of growth and to raise productivity in sectors
with the highest employment potential is a primary challenge
facing Mozambique's policy makers today. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth |
| title_short |
Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth |
| title_full |
Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth |
| title_fullStr |
Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth |
| title_full_unstemmed |
Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth |
| title_sort |
mozambique economic update, october 2018 : shifting to more inclusive growth |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/132691540307793162/Mozambique-Economic-Update-Shifting-to-More-Inclusive-Growth http://hdl.handle.net/10986/30865 |
| _version_ |
1764473054154457088 |