Economic development and institutions in Mozambique: Factors affecting public financial management

Arbeitspapier

Mozambique has achieved incipient but still fragile socio-economic development since 1975. The public financial management system has been reformed and improved, but its performance has weakened since 2013. Applying an institutional economics approach, we have identified the economic growth strategy, the separation of powers principle, and the degree of decentralization as key factors affecting the public financial management system. As the current strategy based on natural resources seems to be failing, we suggest an alternative balanced growth strategy in the context of an effective democratic political system. It would entail the identification of policy priorities required for fostering sustainable and inclusive development.

Angaben zum Objekt

• ISBN: 978-92-9256-890-0
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: WIDER Working Paper ; No. 2020/133

Klassifikation und Themen

• Klassifikation: Wirtschaft ; National Government Expenditures and Related Policies: General ; National Budget, Deficit, and Debt: General ; Institutions and Growth ; Comparative Analysis of Economic Systems
• Thema: democracy ; growth strategy ; institutional economics ; Mozambique ; public financial management

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Cruz, António ; Mafambissa, Fausto J.
• Ereignis: Veröffentlichung
• (wer): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (wo): Helsinki
• (wann): 2020

Weitere Informationen

• DOI: doi:10.35188/UNU-WIDER/2020/890-0
• Handle: http://hdl.handle.net/10419/229357
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ