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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...
Persistent link: https://www.econbiz.de/10012645704
Mozambique has experienced rapid growth for over two decades. Growth accelerated remarkably following the end of the civil war, averaging 7.9 percent over 1993-2015, among the highest in sub-Saharan Africa (SSA). However, growth decelerated sharply following the hidden debt crisis in 2016, which...
Persistent link: https://www.econbiz.de/10013413870
This Country Climate and Development Report (CCDR) captures the interplay between development challenges and climate change and climate policies in Mozambique, with the objective of identifying synergies and tradeoffs. The CCDR informs the World Bank Group's engagement in Mozambique, alongside...
Persistent link: https://www.econbiz.de/10014579673
Tanzania began its independence as a socialist country, but in the 1980s economic difficulties pushed it to adopt … Tanzania can do to move its national goals forward. The primary aim of the SCD is to analyze the country's current … Partnership Framework (CPF), which will guide the engagement of the World Bank Group (WBG) with Tanzania for the next five years …
Persistent link: https://www.econbiz.de/10012248229
The emergency of the COVID-19 novel coronavirus plunged the global economy into a recession in 2020, and the pace of recovery remains uncertain both among advanced and emerging economies. Pandemic-related health restrictions and the adoption of precautionary behaviors by firms and consumers have...
Persistent link: https://www.econbiz.de/10012521872
Tanzania has managed to sustain its growth momentum despite the intensifying effects of climate change. While Tanzania …, limiting its impact on poverty. The Bank of Tanzania (BoT) has implemented an effective monetary policy designed to curb … inflation and alleviate mounting short-term demand pressure on foreign exchange. While Tanzania's recovery continues to …
Persistent link: https://www.econbiz.de/10014516869
In more recent years, new investments reinforced the megaproject growth model. At present, it is envisaged that the country will experience unprecedented investments in the next 30 years. Realizing the full potential of large oil and gas investments will require a shift in Mozambique's...
Persistent link: https://www.econbiz.de/10012817605
APEI member countries and Madagascar (APEI ) identified enhanced regional agricultural trade as a key priority. The matter was referred to the World Bank for further analysis which is presented in this report. Potential for increased agricultural exports from APEI+ countries to Mauritius and...
Persistent link: https://www.econbiz.de/10012575047
Following the Introduction in chapter one, the report provides a country overview in chapter two to provide the national context. The connectivity gap has both a supply-side and a demand-side: Chapter three explores the demand-side, focusing on ICT in the education sector and the challenges...
Persistent link: https://www.econbiz.de/10012642837
This Systematic Country Diagnostic (SCD) is designed to assess the key constraints and opportunities facing Mozambique as it strives to sustain robust growth and macroeconomic stability while accelerating poverty reduction and promoting greater economic inclusiveness. The SCD is organized into...
Persistent link: https://www.econbiz.de/10012644549