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Working Paper
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This paper studies the impact of uncertainty and debt crisis on the dynamics of the Mozambican economy over the last two decades. Investment boom and accelerated growth did not take place until peace and economic reforms were assured, helped by the role of the Paris Club creditors as senior lenders...
Working Paper
pdf
– Incentives, Reforms and Performance
The post-independence Mozambican civil service, what was left of it following the exodus of Portuguese settlers in the mid-1970s, was poorly educated, with low incentives. In subsequent years, the combination of a war-ravaged economy, poor human resources and mass poverty made it difficult for the...
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