How Wealthy is Mozambique after the Discovery of Coal and Gas? Measuring Wealth in Mozambique Using the Wealth Accounting Framework
collection.link.214 |
https://openknowledge.worldbank.org/handle/10986/11872
| |
collection.name.214 |
Policy Notes
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dc.contributor.author |
Armas, Enrique Blanco
| |
dc.contributor.author |
Fisker, Peter
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dc.contributor.author |
Naikal, Esther
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dc.date.accessioned |
2014-04-16T15:28:51Z
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dc.date.available |
2014-04-16T15:28:51Z
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dc.date.issued |
2014-01
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dc.date.lastModified |
2021-04-23T14:03:40Z
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dc.description.abstract |
The objective of this policy note is to
inform policy discussions around the management of natural
resources and reforms needed to translate natural capital
into other forms of capital, and it does so by using the
wealth accounting framework. Wealth (e.g. in the form of
natural resources) may or may not translate into sustained
flows of income in the long run. The extent to which natural
capital translates into other forms of capital from which to
derive a sustainable income stream is what lies at the heart
of natural resources management and what differentiates
successful natural resource rich countries from less
successful ones. The outcome of the process depends on
institutional capacity and political decisions along the
way. Experience shows that the quality of governance and
institutional capability are a key for countries to be able
to translate natural capital into other forms of capital in
an effective way. According to a variety of governance
indicators, Mozambique's institutions are relatively
weak, raising concerns about the country's ability to
manage natural resources well. But Mozambique can also build
on significant progress in some areas. Democratic elections,
free press and a vocal civil society suggest of a gradual
strengthening of institutions. Although the main audience of
this policy note is Mozambican policy makers - the
discussion around management of natural resources needs to
be much broader, and as such civil society, private sector
and the international community may also find the note useful.
| en |
dc.identifier |
http://documents.worldbank.org/curated/en/2014/01/19264071/wealthy-mozambique-after-discovery-coal-gas-measuring-wealth-mozambique-using-wealth-accounting-framework-policy-note
| |
dc.identifier.uri |
http://hdl.handle.net/10986/17833
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dc.language |
English
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dc.language.iso |
en_US
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dc.publisher |
World Bank, Washington, DC
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dc.rights |
CC BY 3.0 IGO
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dc.rights.uri |
http://creativecommons.org/licenses/by/3.0/igo/
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dc.subject |
BUDGETING
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dc.subject |
CAPACITY CONSTRAINTS
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dc.subject |
COMMODITY PRICE
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dc.subject |
COMMODITY PRICES
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dc.subject |
CONTINGENT LIABILITIES
| |
dc.subject |
DEBT
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dc.subject |
DEVELOPMENT BANK
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dc.subject |
EXPENDITURE
| |
dc.subject |
FINANCIAL MANAGEMENT
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dc.subject |
FISCAL POLICY
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dc.subject |
GOVERNMENT REVENUES
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dc.subject |
INVESTMENT PROJECTS
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dc.subject |
MACROECONOMIC STABILITY
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dc.subject |
PRICE VOLATILITY
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dc.subject |
PUBLIC INVESTMENTS
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dc.subject |
PUBLIC SAVINGS
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dc.subject |
PUBLIC SPENDING
| |
dc.subject |
REAL EXCHANGE RATE
| |
dc.subject |
RETURNS
| |
dc.subject |
TRANSPARENCY
| |
dc.title |
How Wealthy is Mozambique after the Discovery of Coal and Gas? Measuring Wealth in Mozambique Using the Wealth Accounting Framework
| en |
okr.date.disclosure |
2014-03-19
| |
okr.doctype |
Economic & Sector Work :: Policy Note
| |
okr.docurl |
http://documents.worldbank.org/curated/en/2014/01/19264071/wealthy-mozambique-after-discovery-coal-gas-measuring-wealth-mozambique-using-wealth-accounting-framework-policy-note
| |
okr.globalpractice |
Macroeconomics and Fiscal Management
| |
okr.globalpractice |
Finance and Markets
| |
okr.globalpractice |
Governance
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okr.globalpractice |
Trade and Competitiveness
| |
okr.googlescholar.linkpresent |
yes
| |
okr.identifier.externaldocumentum |
000333037_20140319161614
| |
okr.identifier.internaldocumentum |
19264071
| |
okr.identifier.report |
86086
| |
okr.language.supported |
en
| |
okr.pdfurl |
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/03/19/000333037_20140319161614/Rendered/PDF/860860WP0p13180s0Policy0Note0140128.pdf
| en |
okr.region.administrative |
Africa
| |
okr.region.country |
Mozambique
| |
okr.sector |
Public Administration, Law, and Justice :: Central government administration
| |
okr.theme |
Economic management :: Analysis of economic growth
| |
okr.theme |
Economic management :: Debt management and fiscal sustainability
| |
okr.theme |
Economic management :: Macroeconomic management
| |
okr.theme |
Public sector governance :: Public expenditure, financial management and procurement
| |
okr.theme |
Public sector governance :: Other accountability/anti-corruption
| |
okr.topic |
Finance and Financial Sector Development :: Access to Finance
| |
okr.topic |
Finance and Financial Sector Development :: Debt Markets
| |
okr.topic |
Economic Theory and Research
| |
okr.topic |
Public Sector Management and Reform
| |
okr.topic |
Private Sector Development :: Emerging Markets
| |
okr.topic |
Public Sector Development
| |
okr.topic |
Macroeconomics and Economic Growth
| |
okr.unit |
AFT: PREM 1 (AFTP1)
| |
okr.volume |
1 of 1
|
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