Report

Mozambique Economic Update, October 2018 : Shifting to More Inclusive Growth

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collection.link.85
https://openknowledge.worldbank.org/handle/10986/2193
collection.name.85
Economic Updates and Modeling
dc.contributor.author
World Bank
dc.date.accessioned
2018-11-20T22:45:16Z
dc.date.available
2018-11-20T22:45:16Z
dc.date.issued
2018-10
dc.date.lastModified
2021-05-25T09:19:40Z
dc.description.abstract
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.
en
dc.identifier
http://documents.worldbank.org/curated/en/132691540307793162/Mozambique-Economic-Update-Shifting-to-More-Inclusive-Growth
dc.identifier.uri
http://hdl.handle.net/10986/30865
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC OUTLOOK
dc.subject
EXTERNAL TRADE
dc.subject
FISCAL TRENDS
dc.subject
MONETARY POLICY
dc.subject
INCLUSIVE GROWTH
dc.subject
POVERTY REDUCTION
dc.subject
PRODUCTIVITY
dc.subject
INEQUALITY
dc.title
Mozambique Economic Update, October 2018
en
dc.title.subtitle
Shifting to More Inclusive Growth
en
dc.type
Report
en
okr.crossref.title
Mozambique Economic Update, October 2018
okr.date.disclosure
2018-10-26
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/132691540307793162/Mozambique-Economic-Update-Shifting-to-More-Inclusive-Growth
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/30865
okr.identifier.externaldocumentum
090224b0864e2a8a_1_0
okr.identifier.internaldocumentum
30537375
okr.identifier.report
131212
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/132691540307793162/pdf/131212-WP-P156495-PUBLIC-FRI-10-26-7AM-DC-DIGITALMEU.pdf
en
okr.region.administrative
Africa
okr.region.country
Mozambique
okr.theme
Economic management :: Macroeconomic management
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Poverty Reduction :: Inequality
okr.unit
Southern Africa (GMTA4)

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