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At the end of the Cold War the west imposed economic "shock therapy" on the countries of the former Soviet Union to rapidly turn the communists into capitalists, creating oligarchs. One of the few Africa countries where shock therapy was imposed was Mozambique. Shock therapy was intended to push...
Persistent link: https://www.econbiz.de/10013468507
Mozambique's 3 rd civil war is now in its 5th year in Cabo Delgado province, in the northeast of the country. More than 4300 people have died and nearly one million people have been displaced, more than one third the population of the province. One of the largest investment projects in Africa...
Persistent link: https://www.econbiz.de/10013468510
Persistent link: https://www.econbiz.de/10001469335
What makes elites developmental instead of predatory? We argue that Mozambique's elite was developmental at independence 35 years ago. With pressure and encouragement from international forces, it became predatory. It has now partly returned to its developmental roots and is trying to use the...
Persistent link: https://www.econbiz.de/10008663003