Publication:
Generating Sustainable Wealth from Mozambique's Natural Resource Boom

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dc.contributor.authorBlanco Armas, Enrique
dc.contributor.authorGratcheva, Ekaterina
dc.contributor.authorPevzner, Dmitry
dc.contributor.authorSharma, Natasha
dc.date.accessioned2014-03-25T18:32:23Z
dc.date.available2014-03-25T18:32:23Z
dc.date.issued2014-01
dc.description.abstractThis policy note aims to contribute to a national debate on the management of natural resource revenues. This policy note, part of a broader analytical program that seeks to inform macroeconomic and fiscal policy making in Mozambique to maximize the benefits from natural resource extraction, presents a series of recommendations on managing natural resource revenues. It assumes that the Government of Mozambique will chose to frontload public investments and spend a large share of the revenue from natural resources to meet the country's vast development needs. The policy note is divided in three sections. Section one discusses some of the challenges involved in responsibly managing resource revenues and key factors to consider in developing the fiscal policy framework. Section two presents a simulation exercise to illustrate how a fiscal policy framework that frontloads public spending can be implemented in Mozambique. Section three concludes the discussion and summarizes recommendations for enhancing fiscal and resource management in Mozambique.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/01/19263605/generating-sustainable-wealth-mozambiques-natural-resource-boom
dc.identifier.doi10.1596/17361
dc.identifier.urihttps://hdl.handle.net/10986/17361
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBUDGETING
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCONTINGENT LIABILITIES
dc.subjectDEBT
dc.subjectDEVELOPMENT BANK
dc.subjectEXPENDITURE
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFISCAL POLICY
dc.subjectGOVERNMENT REVENUES
dc.subjectINVESTMENT PROJECTS
dc.subjectMACROECONOMIC STABILITY
dc.subjectPRICE VOLATILITY
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SPENDING
dc.subjectREAL EXCHANGE RATE
dc.subjectRETURNS
dc.subjectTRANSPARENCY
dc.titleGenerating Sustainable Wealth from Mozambique's Natural Resource Boomen
dspace.entity.typePublication
okr.date.disclosure2014-03-19
okr.date.doiregistration2025-05-07T11:35:10.414009Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2014/01/19263605/generating-sustainable-wealth-mozambiques-natural-resource-boom
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid679901468057844635
okr.identifier.externaldocumentum000333037_20140319123221
okr.identifier.internaldocumentum19263605
okr.identifier.report86082
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/03/19/000333037_20140319123221/Rendered/PDF/860820PN0P13180agement0Final0140207.pdfen
okr.region.administrativeAfrica
okr.region.countryMozambique
okr.sectorPublic Administration, Law, and Justice :: Central government administration
okr.themeEconomic management::Analysis of economic growth
okr.themeEconomic management::Debt management and fiscal sustainability
okr.themeEconomic management::Macroeconomic management
okr.themePublic sector governance::Public expenditure, financial management and procurement
okr.themePublic sector governance::Other accountability/anti-corruption
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicEconomic Theory and Research
okr.topicPublic Sector Management and Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicPublic Sector Development
okr.topicMacroeconomics and Economic Growth
okr.unitAFT: PREM 1 (AFTP1)
okr.volume1 of 1
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