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Post-stabilization economics in Sub-Saharan Africa; lessons from Mozambique.


Post-stabilization economics in Sub-Saharan Africa; lessons from Mozambique.

Ed. by Jean A.P. Clement and Shanaka J. Peiris.

Intl. Monetary Fund


397 pages




Written primarily by staff in the African Department of the International Monetary Fund, this volume holds up Mozambique as a model of post-conflict economic growth and poverty reduction. It ascribes Mozamique's success to sound and sustained macroeconomic management, substantial official development assistance, two waves of reforms, and the role of the International Monetary Fund and the World Bank in promoting aid effectiveness. It draws out lessons for the rest of Sub-Saharan Africa in chapters addressing poverty reduction, sustaining economic growth, monetary and financial sector policies, macroeconomic management of scaled-up foreign aid, government-donor coordination, managing mineral resources, strengthening the business environment, and export performance and governance.

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Publication:Reference & Research Book News
Article Type:Book review
Date:Aug 1, 2008
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